From: "Ge@rge" 
Newsgroups: alt.org.natl-assn-mortgage-brokers
Subject: Good first mortgage rates
Date: Thu, 01 Jul 2004 08:08:29 GMT

Navy Federal Credit Union offers a Veterans Choice loan (see
http://eics.navyfcu.org/general/rates.nsf/WebDataMortgage?OpenForm)
that offers up to $333,700 with no down payment and only 1.5 points.
I want to buy a $400,000 house and was told that I would need two
conventional loans, that Navy FCU would not let me get the Vet Choice
loan for the full max with a 2nd mortgage to make up the difference.
I have been doing military moves for 15 years and need my downpayment
money to replace my busted up furniture because I want to settle down.
Can anyone suggest some creative fiancing?...I want to borrow $400,000
for 30 years and keep the PITI under $3000/month...is this possible?
Thanks, George