bad credit 1st time buyer.....FHA????

stretchinslope · #1 (**permalink**) 10-17-2006, 07:43 AM

No Money Down-need 100%

Eqfax 569
Tu 519
Exp 497

2-current Car Loans-good History-no Lates- 12 Mo. And 20 Mo.
Oldest Tradeline 11/99
5 Chargeoffs
8 Collections
No Public Records

9 Yrs. Same Line Of Work-same Job For The Last 2yrs.

Stated
100% Ltv

Is There Any Chance Of A Loan???
Thank You

stretchinslope · #2 (**permalink**) 10-18-2006, 09:15 PM

continued.........

It's in AZ and the loan amount is 185,000

Erik · #3 (**permalink**) 10-18-2006, 10:47 PM

No stated on FHA... can they get a co-signer? FHA allows a n/o/o co-signor (like a parent) so that might be an option.

HTDIFinancial · #4 (**permalink**) 10-18-2006, 11:02 PM

If you cannot find anything to fit them in, I would try credit repair and then see where they are at in 45 days.