Thread: Fha 101
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Old 12-27-2005, 03:56 PM
Best4U Best4U is offline
Window Cubicle
 
Join Date: Dec 2005
Location: Memphis, TN
Posts: 51
Best4U is on a distinguished road
Greg,
I thought I had one for you, but I don't see Maine in your list of states.
Anyway, tell me if this is an FHA candidate.

I have a couple in ME with:
-middle score: husband 501 and wife 502 (wife has higher income)
-mortgage lates on a home in both names (slow months at work, but
everything’s resolved now; letter of explanation available; never late before this situation)
-combined income of $60,000
- over 2 yrs in same line of work
-full documentation
-owner occupied

Seeking
$270,000 Debt Consolidation Refinance , 90% LTV
(currently owe $240k, home appraised for $301k within last 2 weeks)
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