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irishstu7975
260 Posts |
 Posted - 05/20/2008 : 11:02:04 AM
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I have a client that wants to purchase a home
Property is approved USDA according to the website
Income meets requirements according to the website
Problem middle Fico is 547
anyone know if this is do-able |
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ski2313
723 Posts |
Posted - 05/20/2008 : 11:17:10 AM
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yes with compensating factors.
Look someone up from Greystone Financial on the BO.. they've got an excellent, excellent manual on USDA deals. I wish they could lend in WI!
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Travis Du Bois
588 Posts |
Posted - 05/20/2008 : 11:41:07 AM
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Anything below a 580 is going to be tough as nails to get done.
You need to have spectacular compensating factors.
E-mail me for more details.
http://www.brokeroutpost.com/loans/brokers/forum/topic.asp?TOPIC_ID=203463
Thanks
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