conventional: 100% combo loans are back !!
- 10/14/08 04:44 AM
Finally we have some relief for those potential home buyers out there with good credit. Just got this program today - I have a lender with whom we can now do 95/5 combo loans for 100% financing. Buyer needs to have a 620 credit score. It is for a select type of home buyer, and could be very useful for someone needing help who does not want to put money down on their home purchase. Here are the basic requirements... Must have "approve eligible" through Fannie's AU system, and have no prior bankruptcy, tax liens, judgments, short sales, repossession, garnishments, etc. While … (1 comments)
Finally we have some relief for those potential home buyers out there with good credit.
;)
;)
