NEW FHA IS NOW FINANCING ONE YEAR OUT OF FORECLOSURE, DEED-IN LIEU, SHORT SALE, OR BANKRUPTCY.
Program Highlights Include:
*620 minimum credit score
*12 months perfect payment history after ‘Economic Event” that led to credit challenges
*Max ratios 31/ 43% No exceptions
*Housing counseling is required 30 days prior to loan application
*Document delinquencies were the result of a documented “economic event.”
KAT RIDER:
Office: (925)317-5101
Cell:(925)787-1692
krider@summitfunding.net
http://krider@summitfunding.net
Latest posts by Kat Rider (see all)
- Conforming Loan Limits Stay Put for 2014, Including High Cost Areas - December 3, 2013
- Kat Rider & The Rider Team: Take a Break and Learn - November 5, 2013
- Summit Funding in Orinda holds Real Estate Agent Training Featuring industry leader Todd Scrima - October 3, 2013
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