Jump to content

Has anyone heard of Newsong?


Recommended Posts

It is a version of the many programs like this that are made for FHA. This one is aimed at the conventional loan market.

If you are going with a sub-prime lender, the problem with these programs is that most Sub-prime lenders have you put 5% down of your own money, so sort of defeats the purpose to a big extent. It is great to lower the perceived LTV however.

If you are able to go with a conforming program, these are good to help lower the LTV to 97% without any $ from your pocket.


Link to comment
Share on other sites

This topic is now closed to further replies.

  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.. For more information, please see our Privacy Policy and Terms of Use.