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Old 07-22-2005, 04:46 PM   #1 (permalink)
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Default Low Credit Scores..

What is the lowest FICO score in which you have seen your clients be able to obtain finacing with? Which program did they use? What are some new programs available for clinets with low FICOs?
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Old 07-23-2005, 10:14 AM   #2 (permalink)
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There ar Lenders out here that specialize in BAD credit clients! Such as BK's and very low Fico's like in the 500's...These credit challenged loans can usually generate a pretty hefty return but can be very challenging!
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Old 07-23-2005, 06:41 PM   #3 (permalink)
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I am not a mortgage professional by any means, but I do know that I had a client approved for a loan with a 585 FICO score once!
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Old 08-11-2005, 05:47 PM   #4 (permalink)
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My lowest was a 570..which doesn't even seem bad compared to stories that I have heard about!!
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