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Forum: Off Topic - General

12-02-2017, 08:17 PM

Replies: 343

Tax Reform

Views: 26,682

Posted By Ruffian1

Conventional only. Once LTV hits 80%...

Conventional only.

Once LTV hits 80% mortgage insurance can be removed via request. By law it falls off at 78%.

FHA (3.5% down) and USDA RD (0.0% down) it stays on the life of the loan or...

Forum: Off Topic - General

12-02-2017, 08:10 PM

Replies: 343

Tax Reform

Views: 26,682

Posted By Ruffian1

Which the vast majority of borrowers do not know...

Which the vast majority of borrowers do not know along with all the other tricks of the trade.

That is why I posted what I did.

You OK with that?

Forum: Off Topic - General

12-02-2017, 07:39 PM

Replies: 343

Tax Reform

Views: 26,682

Posted By Ruffian1

In my state , and most that I am aware of,...

In my state , and most that I am aware of, mortgage insurance is only for people that have put less than 20% down OR put less than 20% and have not yet made enough principle payments to get the...

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