As a former Realtor and current loan officer I recommend getting educated in the fannie mae flex and my community home loan programs.  You can still do 100% financing with lower fico scores.  Knowledge is power, the more you know, the more you will make.

You can get a 6% seller contribution for your client

They can have collection accounts

They can get approved with 30 days of employment

You can go up to 65% debt to income

Reduced MI

Any way you slice it, this is a great way to get your local market moving.  You can still get people into homes with no money down and no money out of pocket.

Ask your loan officer how to make more money by knowing these programs.

Dave Mason

dmmason@getprequalified.com

http://getprequalified.com