Mortgages in Greenville, NC - I currently have a mortgage program that offers 100% financing with no PMI (Private Mortgage Insurance). PMI is an insurance policy that the borrower must pay in order to protect the lender in case the loan were to go into foreclosure, and it can be expensive. In today's market, it's rare to find a program like this. You do have to stay below certain income limits, but for the right person, it's a heck of a deal!! The rates are currently in the high 4's to low 5's.
I also have rate incentives currently on USDA, FHA, VA and Conventional loans for borrower that are below income limits for the county.
For more details, please contact me. (252-551-7828 or clay.brown@rbc.com)
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I haven't read this in depth to say exactly what she needs to do, but here is the Vancouver Mortgage Brokers the PMI requirements and restrictions.
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