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Re: What kind of loan do you get for a house

Try National City Mortgage they have a no income verification loan, but like chops said either way you are going to pay PMI or MIP (MIP is the same thing but for FHA Backed loans you only need 2 - 3% down to get one) You will pay slightly higher rates for the no income verification but if you find a good broker they know exactly how to best present your situation to the banks, you will basically get screwed or declined going direct but the same bank could hook you up if a broker put your loan app through( which I also think someone else already pointed out) Good luck

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Posted in reply to: What kind of loan do you get for a house by drifterdawg
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