I see you may be purchasing a home in the Baton Rouge area. If you are in need of a Realtor, I'd be happy to assist you on your next home purchase. My team and I have tons of resources, including lenders available. Good luck sir.
John Mondello, Realtor
I believe you are asking for a Lender-paid MI program, where there is no monthly PMI, but rather it is built into the interest rate. Is that correct?
The loan criteria:
Purchase loan in GA
Primary Residence (owner occupied)
Single Family Residence
Purchase price $205,000 with 10% down payment
30 yr Fixed.
Based on those items, our current pricing on this would be 4.375% with no points (as opposed to 4.125% if you selected monthly PMI instead). This is based on a 45 day rate lock and is current as of 10/30/2013 3:00 pm. Rates change on a daily basis, sometimes more frequently, and are subject to change until locked.
Feel free to call me or email me if you would like to discuss things in more detail.
Tony Grech | Mortgage Loan Originator | NMLS #977416
PMAC Lending Services, Inc.
Toll-free (855) 642-4762 ext. 278
Mobile (313) 622-7383
Fax (248) 945-4842
If you would like to start the process, please just shoot me an email at: email@example.com