Hey folks, I know there are a number of us that are in the market for a mortgage. If anyone is familiar with the Nehemiah program (they pay up to 6% of your downpayment). Anyhow, they are now offering 103% with a 620 credit score. They're website is http://www.nehemiahloan.com/index.htm. Hope this helps some people.
It's a SECOND MORTGAGE... The Nehemiah Conventional Loan® combines a 97% loan-to-value first mortgage with a 5% second mortgage to create a 102% combined loan-to-value loan up to a maximum dollar amount of $316,200 (In certain eligible states the the upfront MI premium can be financed as part of the first mortgage with a maximum 1st mortgage loan-to-value is 98.7% to create a 103.7% combined loan to value. Eligible States
