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Too big to fail
Join Date: Jan 2002
Location: Carmichael, CA
Posts: 33,894
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Quote:
Originally Posted by Aurel
Huh, are you sure? Usually, non-conforming is when the loan amount is higher than $417,000, not too little...Unless your LTV ratio is upside down maybe?
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http://www.bankrate.com/brm/rate/mtgRsearch_product.asp?params=132000.00,CA,54&refi=1&product=0&pct=0&points=6
NOTE: The amount you have entered is below $165,000, the minimum amount for a conventional loan (for definitions, use our glossary). The quote that you are about to see is based on a loan amount within the range of $165,000 to $474,950. Since the amount you have entered is not within that range, the rates, points, fees and terms of your loan may vary from those quoted. Please call the lenders directly to discuss available options and details.
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01-09-2009, 07:17 AM
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