March 19th, 2012 10:54 PM by Eric Fang
1)There is no appraisal required with the same lender
2)With other lenders, LTV 150% Maximum for primary;125% LTV for 2nd home; 105% LTV for Rental.
3)Credit score 680 required for non-primary.620 required for primary.
4)Loan not eligible if MI in current loan.