bad credit fha loan: FHA and VA Loans for Low Credit Score Borrower = 580 Credit Score
- 08/23/11 09:40 AM
ResMac Mortgage has exciting news on the FHA and VA front. We now approve low credit score borrowers down to a 580 middle credit score. ResMac is highlycapitalized and as a result we are able to approve and fund loans most other lenders can’t even touch. In the past several years loans and mortgages for low credit score borrowers have completely dried up. This resulted in many consumers being left in a situation where they could not obtain a mortgage simply because their credit scores were too low to qualify. FHA’s recent strategy has involved getting back to their roots, and that (1 comments)