FHA U/W to 4000.1 –  500 minimum FICO.    1 Score OK. No Tradeline  Requirement and We Allow DTI max 56.9% per AUS. We also allow DPA’s.

 

FHA-  640 FICO  or less with Gift Funds. Specific overlays apply (see guidelines for details)

FHA Reminders: Medical Collections & < $2000 Other Collections – NOT counted.

Less than $2000 Collections simply use 5% of balance as payment, no other documentation required.

Refer to HUD document  4000.1 for additional U/W requirements.

 

We ONLY require 1040 or W2 Transcripts

We Allow Escrow Holdbacks – Max $5000 Requires 2 Bids

NOT AVAILABLE IN THE STATES OF  NEW YORK, NEW HAMPSHIRE AND  MAINE.

Guidelines Subject to Change without notice.