Broker Outpost Mortgage Forums
Home | Recent Discussions | Register | Login | Mortgage Broker Directory | Mortgage Reference Library
 All Forums
 Mortgage Brokers
 Mortgage Brokers
 Search for: 6 months out of BK 13.
Related tags: [, ]
Author Previous Topic  |  Next Topic  
go34blue

153 Posts

Posted - 06/02/2008 :  09:36:14 AM
Who will do a file that is only 6 months out of Chap 13. I had a approve last week and now with DU 7.0, it is a Level IV!

Please help!

go34blue

153 Posts

Posted - 06/02/2008 :  11:35:58 AM
bump
nowbroker

1384 Posts

Posted - 06/02/2008 :  11:41:46 AM
Any FHA lender.
loancloser1342

462 Posts

Posted - 06/02/2008 :  11:56:22 AM
What happened to the approve?
go34blue

153 Posts

Posted - 06/02/2008 :  12:07:21 PM
DU changed guidelines this weekend. You are going to see a lot of denial and level approvals from now on. Can't do FHA, loan amount to high.
loancloser1342

462 Posts

Posted - 06/02/2008 :  12:19:01 PM
quote:
Originally posted by go34blue

DU changed guidelines this weekend. You are going to see a lot of denial and level approvals from now on. Can't do FHA, loan amount to high.



The reason I asked is that banks are still accepting the old DU findings. You did not need to re-run the findings....
mandysmom

289 Posts

Posted - 06/02/2008 :  4:36:28 PM
I think that the BK has to be out 5 years now with the 7.0
  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 0.41 seconds.
Mortgage Brokers | Mortgage Newsletter | | Sponsors | Advertising Info | Reference | Snitz Forums 2000