Need lender that can do 100% at 550
what state are you in
Shouldn’t be a problem…
I am in the state of florida but also interested in georgia market as well
MILA used to do a 100% full doc at 560, but I have never heard of a 100% LTV at 550.
FCM will do a 100 LTV/Full Doc @ a MID FICO of 520 and 95 LTV/Full Doc @ 500 Mid FICO…
Thank you for the tip. Who is FCM?
First Consolidated Mortgage and Invest Aid will both do it, but seriously…would you want a 100% mortgage at 12-14% and pay ridiculous fees for it? I would suggest cleaning the credit up for at least a month or two and then moving forward.
If you are buying a primary residence, can go full doc on your income, have a motivated seller, and depending on why your credit score is so low, FHA might work. However, it is a slim chance.
Who and what is MILA?
I need a lender that can do 100% on a 578 c. score?
- low credit most of the time means going hard money??
You never did say who or what MILA is?
i know a few lenders
MILA is a non-prime wholesale lender.
Ihave never heard of them.