Crunk Times, My friend.....Crunk Times

[IamDeMan 5,000+ posts]

Wuts PMI?

http://www.frbsf.org/publications/consumer/pmi.html

 

[IamDeMan 5,000+ posts]

As long as you have the 5%, you avoid PMI. It's a baloon, not a FHA or anything.

I was told 10% or PMI. Then again, I didn't use a union.

 

[WhoSayWho? 5,000+ posts]

The one about his dog???

No, for some reason that thread actually stayed on course. It is still about his dog.

 

[GenderBender]

The Detroit City Council today passed an ordinance banning text messaging, reading, applying makeup or any other distracting behavior while driving in the city.

Gee with all the crime I seriously doubt they are going to enforce this. It's not like they bust all the hookers parading on the streets.

 

[IamDeMan 5,000+ posts]

Ahh. I was aware of this, just didn't know what it was called.
I have always been told that one needs 20% up front of house value to buy right.

Depends on the institutions policy really(more specifically the underwriters). My brother got me a no PMI loan through ACE mortgaging with only 10% down. This was also during the hustle of the booms though.

Depending on how you lend, it could be 20%.
The credit union underwrites their own loans, and portfolios them. They can have lowers standards, I guess.

Yes unions can do more in many respects when it comes to lending of any kind.

 

[GenderBender]

LOL the city council contacted the governor to remove the mayor.

 

[IamDeMan 5,000+ posts]

Depends on the type of loan. Depends on conventional, fha, arm, baloon, whatever.

On both homes I had a conventional with only a 10% requirement.

 

[GenderBender]

How do you get into a union without ******* a plummer's cawk?

I wondered this as well.

 

[WhoSayWho? 5,000+ posts]

I think everyone should scan in and post all of their loan docs. That we we can move on to something else.

 

[IamDeMan 5,000+ posts]

No, for some reason that thread actually stayed on course. It is still about his dog.

And deliciously I might add.

How do you get into a union without ******* a plummer's cawk?

Not only plumbers have them. I had one when I was young through my moms teachers union.

 

[WhoSayWho? 5,000+ posts]

You pick the topic.

tatas