Home Loans with Zero Move-In .... Is Still Around!

Did you know that there are lenders out there still offering Zero Move-In with USDA Loans and FHA Rescores from 530 FICO?? These programs are also combined with a $7,500 Tax Credit for any Borrower that have not owned a home in the Past 3 Years. 

Borrowers can finance a home loan up to $271,000. There are FHA Investors that will work with Borrowers with No Minimum Score if the following conditions can be met:

1. Borrower must be able to verify Income and Job History

2. The Borrower can have collections and charge-offs, if the actual date of occurrence is over One Year old (preferably Two Years)

3. Borrower must be able to verify good Rental History for atleast 12 months

4. The Borrower must have at least 3 Trade-Lines that have a good pay history for the last 12 months, minimum. Alternate credit or trade-lines can be used.

5. No Reserves are required, but as always, they are helpful

I work with mortgage companies that are willing to educate borrowers on these programs and many more.