Brammy wrote:Hoopty, is that dependant on the bank. My (recent) mortgage is Va and I was advised by several lenders in my area that no one would approve a loan wit active collections. Keep in mind the two I had were for less than 200.00. I managed to pull 100% financing on both FHA and Va and 5.25 conventional with my lowest score being 639 at the time. Didn't have a lot of cash so thats all she wrote for cash reserves.I think it depends on what area of the country you're in as well. I did have to do a lot of income verification. Thre years tax return and all that. With the subprime market going belly up, goodness knows how strict those requirements are now though.
|Starting Scores:10/09/13 EX ???; EQ 661; TU 668 |
Current Scores: 11/23/13 EX 655; EQ 679; TU 705
Goal Scores:700+ for all
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