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Old 03-24-2005, 03:10 PM
swolfe swolfe is offline
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Join Date: Nov 2004
Posts: 632
Default Re: Question For Matt Flynn

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if you are only putting down 5%, arent you subject to PMI?

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only if you have a fannie mae conforming loan. there are a lot of non-conforming lenders and products out there that will let you finance more without MI. i have 1 property that was financed for 95% with no MI...this was a program specifically geared towards investment properties. talk to a big broker...they deal with a lot of different banks and lenders and can generally find a product that gives you what you're looking for.
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