I was very surprised in a meeting with our SVP of gov lending last Friday.I found out that we have the ability to: - Do FHA loans with a Credit Score BELOW 620 (it has to make sense)- Do FHA loans that have a “Refer” in the AU (automated underwriting) findings- Do FHA loans with a DTI? (Debt To I
...
01/20/2014
So, last year I worked for a different bank and I lost a loan to a great client, but he wanted to have a pool built right after he bought the home (and include the cost in the 1st mortgage). As you can guess, I was not able to do the loan and he went somewhere else. GOOD News! I can now do those
...
01/16/2014
