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home purchase: No Appraisal or MI Required. Investment properties allowed. Upto 97% LTV on Primary Homes - 07/22/10 10:26 AM
HOMEPATH PROGRAM HIGHLIGHTS
(Only FNMA REO's are eligible for Homepath)  
-Purchase Transactions Only -Single Family Attached, Detached, Condo's, and PUDS
 -Owner occupied, Second Homes, and Investment Allowed
 -Up to 97% financing available on primary residences
-Up to 90% available for second homes and investment properties
-Minimum Credit Scores:    
 - 620 for up to 80% LTV    
- 660 for greater than 80%
-NO APPRAISAL REQUIRED, ltv based on sales price
-NO MI REQUIRED regardless of LTV (price adjustments will apply if LTV is greater than 80%)
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home purchase: 550 Credit Score, Closed. FHA Purchase 615-482-1498 - 03/12/10 01:18 PM
Hear yea, hear yea. Come one come all. I have been itching to post this blog. I just saw the most amazing thing in 2010. A client with a 550 credit score closed on a Brand New Home! If thats not amazing I dont know what is. Talk about unbelievable. Thats why I wated to the docs came out, client signed and the loan was funded to post this. So if you have any turn down in your pipeline or have low credit scores send them my way. I can get them closed.
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Ronell D. Moore

Nashville, TN

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TM Holdings Group

Address: 2603 Elm Hill Pike, Nashville, Tn, 37214

Office Phone: (615) 625-5274

Cell Phone: (615) 482-1498

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