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Personal Finances / Buying or Selling a Home


Subject:  FHA still in subprime lending Date:  10/10/2012  2:01 PM
Author:  CCinOC Number:  124376 of 128075

Tell your friends! From a lender's email flyer...

Don't Be Scared of LOW FICO's!

FXdew Mortgage - Irvine Branch funded $20 million last month. And our corporate office funded 2,300 loans under 620 FICO in 2011.

FVgre Mortgage Corporation is a Direct Lender with 37 years of experience in government lending. We believe careful analysis of credit, income, assets, and collateral should be the determining factor of loan worthiness, not credit scores alone.

FHA FICO 620-640
DU Approve or Manual Underwrite
Disputed Accounts - follow HUD guidance
CHF Platinum for qualified applicants, 3% Grant in CA Only