Will anyone issue MI with a 614?

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macdenny

864 Posts

Posted - 05/30/2008 : 07:46:37 AM

I have an approve/eligible on a flex 97 but I think I'm screwed as I won't be able to get MI b/c my borrower has a 614.....am I correct?

Carpet Muncher

1378 Posts

Posted - 05/30/2008 : 07:47:29 AM

no MI will be available at 614 on conv

this will need to go FHA

macdenny

864 Posts

Posted - 05/30/2008 : 07:48:14 AM

Can't go FHA. I've gotta dead horse.

AGreene00

2734 Posts

Posted - 05/30/2008 : 09:09:13 AM

FHA or bust.

khoiey

1310 Posts

Posted - 05/30/2008 : 09:24:57 AM

Why can't go FHA? DTI issues?

quote:
Originally posted by macdenny

Can't go FHA. I've gotta dead horse.

macdenny

864 Posts

Posted - 05/30/2008 : 09:31:33 AM

FC was rolled into BK last than three years ago. Oddly enough, crdit doesn't reflect a FC and shows 0x30 due to the house being rolled into the BK. DTI issues are fine.

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