Help! Anyone know of a credit Union that will finance a borrower at 2 years?

I have a buyer that is 2 years out of a short sale, and has done everything right on rebuilding their credit. I am wondering if there are credit unions out there that will portfolio their loans and accept this type of borrower (not underwrite to Fannie Guidlines). If anyone knows a credit union like this I got A LOT of business for them!
  • May 24 2012 - Roseville
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Answers (2)

currently 3.5% down, but after talking to a couple other loan officers it would seem with 10% down and "extenuating circumstances" a person can buy after 2 years. I am working with them on getting the DP up.
  • May 25 2012
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It would help to indicate how much down payment the buyers intend to make when there is a recent short sale occurance.

  • May 24 2012
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