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salmanzor
4 Posts |
Posted - 05/14/2008 : 09:17:07 AM
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| My client does not have a FICO score. She only has VOR, Health insurance letter, and a Life Insurance Letter showing her timely monthly payment history. Does anyone know of a lender that can do a No Score FHA Loan? Thanks for the help. |
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mganovsky
2074 Posts |
Posted - 05/14/2008 : 09:23:01 AM
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| can you get a non occupant co borrower |
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Clr2close
330 Posts |
Posted - 05/14/2008 : 10:03:36 AM
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Hello Salmanzor i can get this one done please email me at Dlaylock@Idealmb.com
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EquitySmart
1240 Posts |
Posted - 05/14/2008 : 10:08:47 AM
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| Many lenders will do FHA loans for borrowers with no credit score, but they usually price the loan the same as 580 credit score (sometimes worse, depending on the lender). |
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jillstatz
657 Posts |
Posted - 05/14/2008 : 10:42:33 AM
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| you can try USDA programs also...they are not score driven and you may be able to get a way with only the 3 trades as long as they all have a one year history on them. |
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