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Updated about 8 years ago,
FHA or BofA 3% down w/ no PMI?
I am looking into house hacking a duplex. Originally, I was going to use a FHA loan. Most recently, I have found out about the Bank of America loan. This loan requires only 3% with no PMI. Since there is no PMI, I assume the interest rate will be much higher. Has anyone had experience with this type of bank of america loan? Which loan would you recommend for a house hack?