Bonnie Milstead, CDPE, CRS, GRI
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  • United States
  • FL
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1st Mortgage investor limits on what can be paid to 2nd mortgage

Started this discussion. Last reply by Joseph Brooke Feb 19, 2012. 17 Replies

First mortgage, Bank of America is allowing the second mortgage which is CCO Mortgage,  6% of outstanding second mortgage balance or an allowance of $1,554.40.   Typical.  CCO rep tells me the…Continue


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Milstead, CDPE, CRS, GRI
Panama City
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Licensed in 2003 and serving Panama City, Panama City Beach, Lynn Haven and Tyndall Air Force Base. I hold the Certified Residential Specialist and Graduate Realtor Designations as well as the Certified Distressed Property Expert designation. I can help.

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At 7:50am on January 26, 2011, Jeff Payne said…

Bonnie, welcome to our site!!!

Jeff Payne



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