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#118404 - 08/15/06 05:35 PM What's the lowest credit score you can have for an 80/20 loan?
Cool guy Offline
Major Contributor

Registered: 06/30/04
Posts: 2042
Loc: California
I have some basic knowledge about loans, but I don't really know about qualifying.

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#118405 - 08/15/06 10:34 PM Re: What's the lowest credit score you can have for an 80/20 loan?
Promise Land Offline
Money Mover
Member

Registered: 03/10/05
Posts: 459
Loc: Irvine, CA
I'd say 580 FICO for Full-Docs and 600 for Stated. The 2 lenders that I have in mind are...

SRI Mortgage
MLNUSA
_________________________
Sean Pham
Phamport, Inc.

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#118406 - 08/16/06 07:10 PM Re: What's the lowest credit score you can have for an 80/20 loan?
Patrick S. Lawson Offline
Junior Member

Registered: 07/08/06
Posts: 8
Loc: Columbus
520 (refi only)
_________________________
Patrick S. Lawson
Higland Banc
plawson@myhighlandbanc.com

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#118407 - 08/16/06 07:27 PM Re: What's the lowest credit score you can have for an 80/20 loan?
Promise Land Offline
Money Mover
Member

Registered: 03/10/05
Posts: 459
Loc: Irvine, CA
That's crazy low for 100% CLTV. Who is the lender? Any info would be appreciated.
_________________________
Sean Pham
Phamport, Inc.

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#118408 - 08/18/06 07:40 AM Re: What's the lowest credit score you can have for an 80/20 loan?
dcook22 Offline
Member

Registered: 04/06/04
Posts: 345
Loc: Plantation, FL (Broward)
We do 100% CLTV for 580 Credit score with Full Docs. 640 for stated/stated at 100% CLTV.
_________________________
Dan

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