Ok I Really Need Help This Time
The house that I was buying (the REO) well, my mortgage broker told me she could get me a 95/5 loan. Well, thats what we've been going on the assumption of. Well, my broker called me Thursday and told me that the program that offered 95/5 is no longer in operation, that the only program she can get me is a 85/15. I don't have 15% down for this house. This is a great house that I got 30% FMV. I don't want to lose this deal. It's an REO and we were supposed to close by the 20th.
Any ideas on still savaging this deal would be greatly appreciated.
In other words....HELP!!!!! 
Come monday morning, grab your phone book and call 20 mortgage companies. You'll find a couple that will do 95/5 loans.
hibby is right and online will work as a catalyst to your hunting..is this owner occupied?? if it is, then there are many programs out there for 95%--even noc, nina etc..if this is short term on your exit you could also find a private to put up what you are lacking, finance the closing then refi out what was used for your private investor plus a fee..mix and match your imagination..i hope this helps a little..
Regards-pat