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Updated about 6 years ago on . Most recent reply

User Stats

83
Posts
12
Votes
Steve Kirsch
  • Hilo, HI
12
Votes |
83
Posts

Covering two loans with PML

Steve Kirsch
  • Hilo, HI
Posted

Hello All, If PML/HML is needed to fund an investment property for the down payment and rehab costs because funds are not otherwise accessible for a conventional 30yr, how can I obtain the funds for the mortgage loan AND the PML monthly payments concurrently? Meaning, I'd have both the mortgage payment as well as the PML payment until the refi is done to pull out the equity to payback the PML. please advise. I look forward to your responses.

Thank you 

Steve K

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