2011-02-18 — thetruthaboutmortgage.com
"Going forward, the bank is accepting FHA loan applications from borrowers with credit scores as low as 500, though they must come up with a 10 percent down payment and sport a maximum debt-to-income ratio of 31 percent."
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StephenF at 21:57 2011-02-19 said:
I am gonna set the Over/Under of loans closed for this program @ 100...For the entire country. Hope I am wrong. I'll say this is a lesson in marketing 101. A marketing ploy is to satisfy the groups who say they are under served. Permalinkadd a comment | go to forum thread
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