Reintroducing FHA under 580!!! Just in, I received information from a mortgage officer on this program. If your credit score is 550-580 there is now a mortgage plan for you!
As per my mortgage officer :”Read the guides as they are different than the regular FHA guidelines. They need 5% of their own money seasoned for 60 days on 550-580. Renters must have 12 mos cancelled cks only – no vor accepted. Appraisal + enhanced field with 2 add’l comps or 2 appraisals. 150% paymemt shock – and 43% dti max. THERE ARE NO EXCEPTIONS TO ANY OF THESE REQUIREMENTS !!”
Send me an email (firstname.lastname@example.org) for more details and spreadsheet of requirements, eligibility information and guidelines.
To get prequalified contact:
Jayson Duff | Mortgage Banker
Real Estate Mortgage Network
Office: | Cell:
Fax: email@example.com | Email:
For more information or to apply online please visit: www.jaysonduff.com