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andrewsr

77 Posts

Posted - 06/06/2007 :  3:37:55 PM
What lenders will do a new purchase with no credit scores, with non-traditional tradelines? property in Nebraska.

Any ideas on a lender? Thanks.

Robert
andrewsr

77 Posts

Posted - 06/06/2007 :  3:56:04 PM
any ideas on this???
anatolia30

37 Posts

Posted - 06/06/2007 :  4:28:30 PM
fha has no credit score requirements and accept alt tradelines.
andrewsr

77 Posts

Posted - 06/06/2007 :  4:43:15 PM
it won't qualify fha, due to some collections that aren't going to be paid.
CMPS

10 Posts

Posted - 06/06/2007 :  4:53:52 PM
Find a company that uses FNMA's MyCommunity product. Up to 100% LTV all day long. It ROCKS!
andrewsr

77 Posts

Posted - 06/07/2007 :  10:49:15 AM
quote:
Originally posted by CMPS

Find a company that uses FNMA's MyCommunity product. Up to 100% LTV all day long. It ROCKS!



like Flagstar? and how do i get them qualified for My Community???
andrewsr

77 Posts

Posted - 06/07/2007 :  11:37:32 AM
anybody want to help me out understanding the My Community loans???
loanchic

28 Posts

Posted - 06/07/2007 :  11:39:36 AM
BoA has a Credit Flex program-No credit-They build credit-need to have 3 utilities in their name for 12 months.
andrewsr

77 Posts

Posted - 06/07/2007 :  11:49:11 AM
who's BoA?
loanchic

28 Posts

Posted - 06/07/2007 :  11:49:49 AM
Bank of America
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caligirltt

740 Posts

Posted - 06/07/2007 :  11:50:16 AM
quote:
Originally posted by andrewsr

quote:
Originally posted by CMPS

Find a company that uses FNMA's MyCommunity product. Up to 100% LTV all day long. It ROCKS!



like Flagstar? and how do i get them qualified for My Community???



who are you signed up with?
INdymac...Homecomings...Flagstar??
andrewsr

77 Posts

Posted - 06/07/2007 :  11:51:33 AM
It looks like I can run My Community through Flagstar, Countrywide, and Tristar...that i'm signed up with

just need to know what qualifies for my community and who's the best
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caligirltt

740 Posts

Posted - 06/07/2007 :  11:53:38 AM
quote:
Originally posted by andrewsr

It looks like I can run My Community through Flagstar, Countrywide, and Tristar...that i'm signed up with

just need to know what qualifies for my community and who's the best



there is no qualifying guidelines really.
Put it in to flagstar, then call there tech support tell them you are trying to qualify under my community. Flagstars tech support is really helpful. They will help you get it into the system to see if you can get an approval.
sloney1

31 Posts

Posted - 06/07/2007 :  11:55:27 AM
Yes, we do, but depends on LTV.


“Stated Income Specialist”
Foreign Nationals
No Fico Requirements
No Hits or Bumps
< than 2 years Self Employed
“Human Underwriting”




Shawn Loney
Wachovia Mortgage Corp.
Mortgage Loan Consultant
15770 N. Dallas Parkway #1050
Dallas, Texas 75248
(972)788-3733 Office
(866) 728-6357 E-Fax
(972)762-1130 Cell
shawn.loney@wachovia.com
sloney698@worldsavings.com




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