http://teamthompsonfl.wordpress.com/2008/03/21/mortgages-just-got-harder-to-get/ Real Estate Blog Sun, 31 Aug 2008 21:47:09 +0000 http://wordpress.com/ hourly 1 http://teamthompsonfl.wordpress.com/2008/03/21/mortgages-just-got-harder-to-get/#comment-2 Mortgages Just Got Harder To Get! Fri, 21 Mar 2008 18:38:54 +0000 http://teamthompsonfl.wordpress.com/?p=8#comment-2 [...] Stop Repossession UK wrote an interesting post today onHere’s a quick excerpt Unfortunately, I just read a St Pete Times Article - http://www.tampabay.com/incoming/article426162.ece  - That explains that mortgages just got even more difficult to get.  To Summarize: To qualify for PMI (Private Mortgage Insurance) - which is something you need if you are putting less than 20% down on a house (*Unless you are getting an FHA or VA Loan) - You now have to put at least 10% down, instead of the 5% previously required.  That means if you want to buy a $200,000 house… you will [...] [...] Stop Repossession UK wrote an interesting post today onHere’s a quick excerpt Unfortunately, I just read a St Pete Times Article – http://www.tampabay.com/incoming/article426162.ece  – That explains that mortgages just got even more difficult to get.  To Summarize: To qualify for PMI (Private Mortgage Insurance) – which is something you need if you are putting less than 20% down on a house (*Unless you are getting an FHA or VA Loan) – You now have to put at least 10% down, instead of the 5% previously required.  That means if you want to buy a $200,000 house… you will [...]

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