With all the scary press that the mortgage industry has received over the past three years it is no wonder that lenders have been wary of loosening guidelines. Up until recently it was extremely difficult to find FHA financing if your middle credit score was below a 640 and if you didn’t have 20% to [...]
Category | Bad Credit Mortgages
Your Score is too Low for $0 down financing. This is only true coming from misinformed loan officers that don’t study their industry. If they don’t know how to structure the loan or what loan program to use, your score is too low! (At least for them to get you approved.) If it cost the [...]
