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Has anyone heard of Newsong?


Lisa71
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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.

Charles

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