Real Estate Question?

Jun 28, 2009 in Private Real Estate Loans

Conventional mortgages with a loan to value greater than 80% require some type of private mortgage insurance?
True or False

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3 comments

godged on June 28, 2009 at 6:20 pm

True.
Tony D on June 28, 2009 at 6:20 pm

True, unless it is a portfolio loan like US Bank or maybe World Savings.
Mark C on June 28, 2009 at 6:20 pm

true, the equity over 20% is less of a risk.

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