I just attended a CAMP lunch where the speaker was from MGIC
Did you know they have lowered the fico score requirement to 680 on 97%
loans?
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How about ficos of 660 on 95% loans?
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Condo loans at 95%, with relaxed owner occupancy ratios?
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Gifts are OK for the down payments!
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The premiums for the coverage can be paid up front or monthly or a combination to give you a lot of options to help qualify the borrower.
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These guys are back into the high LTV business & CAMP is bringing some great speakers to their lunches! Get more info at ca-amp.org