May 30, 2011 | MIAMI MARKET CONDITIONS, MIAMI REAL ESTATE, REAL ESTATE NEWS
Despite what you see advertised, you cannot get 95% conventional financing in Florida. By phoning an 800 number you may well be told by some out-of-state lender that you can get 95% financing, and they may well supply you with a pre-qual letter, but 95% financing...
May 24, 2011 | MIAMI REAL ESTATE
HOMEPATH LOANS (offering 90% financing on real estate acquisitions) are possible only on Fannie Mae owned properties. Homepath requires only a 10% down-payment, with NO mortgage insurance , and NO appraisal. That’s good for investors (although...