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South Dakota Release of Mortgage by Lender by Corporate Lender Form

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South Dakota Release of Mortgage by Lender by Corporate Lender Form

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hello South Dakota residents and those of you who are looking to purchase or refinance a house in South Dakota want to talk to you about what's available to you as it relates to FHA Loans so the first thing is is that uh FHA loan guidelines will be the same in South Dakota as they are in every other state so you do need a two-year work history but it is okay if you've changed jobs and you're not at the same job for the past two years it is also okay if you have AIG of a gap in your employment we might be able to work around that too it's okay if you've got a recent Chapter 13 Bankruptcy we can make that work for you your credit scores can be as low as 500 but with a 10% down payment when your scores are below 580 otherwise your down payment is always going to be 3 and a half% you will have a mortgage insurance premium uh which is PMI F fha's version of PMI and the maximum loan amount you can get in South Dakota is going to be tied to the

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