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Old 09-16-2007, 08:06 PM
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Default for mortgage brokers: Anyone know of a bank that will...

...do a 90% purchase with a 520 score? DTI is 40%, full doc. 520 is pretty crappy though, and it's manufactured. Any ideas? Thanks!
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Old 09-16-2007, 10:22 PM
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Might wanna try Countrywide. I know that sounds weird but we just got an automated approval for 616 w/ 100% financing today.
Good luck!
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Old 09-16-2007, 10:26 PM
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You missed the bus on this one. Sub prime is done so this will pretty much be impossible in todays market. Be patient, get that credit score up. A high credit score vs. a low one means the difference between a 100k home and a 200k home. It will be a buyer's market for a while. Go to a non-profit housing company that does purchases and have them counsel you on the best way to get that score up!

Philippians 4:13 - I Can Do All Things in Him That Strengthens Me
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Old 09-16-2007, 10:29 PM
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try Indymac Bank
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