Broker Outpost Mortgage Forums
Home | Recent Discussions | Register | Login | Mortgage Broker Directory | Mortgage Reference Library
 All Forums
 Mortgage Brokers
 Mortgage Brokers
 Search for: No Score Loan.
Author Previous Topic  |  Next Topic  
salmanzor

4 Posts

Posted - 05/14/2008 :  09:17:07 AM
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.
This User is a Premium Member, Click Here to Learn More!
mganovsky

2074 Posts

Posted - 05/14/2008 :  09:23:01 AM
can you get a non occupant co borrower
Clr2close

330 Posts

Posted - 05/14/2008 :  10:03:36 AM
Hello Salmanzor i can get this one done please email me at Dlaylock@Idealmb.com

EquitySmart

1240 Posts

Posted - 05/14/2008 :  10:08:47 AM
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).
This User is a Premium Member, Click Here to Learn More!
jillstatz

657 Posts

Posted - 05/14/2008 :  10:42:33 AM
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.
  Previous Topic  |  Next Topic  
Recent Loan Officer Chat © Copyright 2006,2007 - Broker Outpost LLC. All Rights Reserved. Subscribe to the Forum Topics via RSS Go To Top Of Page
Privacy Policy | Terms and Conditions
This page was generated in 0.39 seconds.
Mortgage Brokers | Mortgage Newsletter | | Sponsors | Advertising Info | Reference | Snitz Forums 2000