FHA 600 – 619 Credit Scores 2016-07-19T23:33:40+00:00

FHA 600 – 619 Credit Scores

Offering FHA 30 and 15 yr fixed rate, purchase and rate/term. Also, cash out for refinance

• Max LTV of 96.5%, no subordinate financing allowed
• Purchase, rate/term, and cashout refi only; no streamlines permitted
• 1-2 unit properties only; Manufactured Homes not allowed
• Non-Permanent Resident Aliens not allowed
• Gift Funds must be from qualifying Family Member
• Non Occupying borrowers must be a qualifying Family Member
• Judgments and Liens follow HUD Guidelines; Borrower may not have a judgment or collection from a
past housing expense