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jenalpha

643 Posts

Posted - 05/14/2008 :  12:13:45 PM
I have someone with a 600 credit score and they need 95% financing so they can lower their payment. I know FHA won't do this because it is a second home and not an investor property or a primary residence. They don't own a home in California, they have this "second" home in Georgia because her husband was trying to transfer his job with the post office and it never happened. They have an adjustable rate mortgage on this property and their payments are going to go up at least $400. Can ANYONE help and/or do this loan?
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