Re: My questions after reading these forums
11-16-2012 08:02 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.
I was hardly derailing the thread- you posted a question on a public message board looking for help, people took the time to reply and share experience from a lender's perspective, and you were dismissive and borderline rude. And you're now posing another question- for your sake, it would be behoove you to be a little more gracious and receptive to people who take the time to respond to you, especially if you're going to continue asking for public input.