All Topics / Finance / A question for the mortgage brokers…

Viewing 1 post (of 1 total)
  • Profile photo of LizzyLizzy
    Member
    @lizzy
    Join Date: 2004
    Post Count: 230

    Lo Doc loan for construction loan 80% LVR where client has two Telco defaults paid totals over $500.  One was only paid recently but showed up a year ago.

    Not a DUA deal because of the defaults – do you think mortgage insurers will do it?

    I'm thinking of trying a GE bank first, then last resort I have a PMI bank contact willing to consider…

    your thoughts? word around town is that MI's are pretty scrupulous about declining deals – I get everything on DUA so am nervous about this one !

Viewing 1 post (of 1 total)

You must be logged in to reply to this topic. If you don't have an account, you can register here.