Mortgage Loan with High Credit scores.?

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Can we get 5%down, 6% interest rate for 30 yr fixed , Stated Income loan of 200K up to 250K with credit scores of 725 and 760?

3 Comments
  1. Reply
    Pam H.
    May 1, 2011 at 2:12 am

    Your income & your debt ratio still matter …. but you-are no-ones sub-primer it seems ….

  2. Reply
    goz1111
    May 1, 2011 at 2:57 am

    Good luck finding a lender that will only require 5% down in this credit crunch

  3. Reply
    Donovan
    May 1, 2011 at 3:09 am

    All mortgage loans are not created equal. If you are looking for a loan, you have probably discovered the array of loan types and options. It can be confusing forthe first-time borrowerand are easier to qualify for than conventional loans. They are also guaranteed to the lender, which allows the borrower to obtain more favorable loan terms.

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