Re: My questions after reading these forums
11-16-2012 07:51 AM
ok the last two replies make more sense, thanks and understood.
Does anyone know about higher FICO requirements for the higher $$ FHA loans? Is there any truth to that?
My response came from my experience working in mortgage lending, and I didn't work for only one lender. No lender I worked with was ok granting a mortgage to someone with unpaid housing debts.
Not sure what part of that "doesn't make sense".
Please don't derail thread. I've received satisfactory responses and am now looking for a response for my remaining outstanding question.