We will go down to a 620 credit score and a maximum LTV of 50%.
- Bk discharge 1 day – OK
- No active FC or NOD on subject property
- Derogatory mortgage history reported on credit – OK
- Source of funds to close required but not seasoning
- Other people on title in the past 6 months do we need their credit, No
- DCR requirement when loan amount > 500k – Yes
- Federal tax liens on credit report must be paid unless confirmed payment plan
- Vacant refinance not eligible
- 80% CLTV max
We offer a quick closing with limited documentation.
If you any questions contact one of our loan consultants for more information.