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Replies (2)
- Justin Sheftell, "Courtesy Mortgage"
- Contributions:3427
Private money would certainly be an option for that buyer. If the mortgage lates were nothing worse than 30 days late, and credit score is at least 620, buyer could likley still qualify for conventional.
How much is buyer looking to borrow and how much down payment willing to make?
- wayne lancaster, "funds2"
- Contributions:1177
Not from a traditional source and not even sure about a hard money source. It will take a min. of 13 months and could be 24 months to be considered for typically financing program. Could take that long for the credit score to improve enough to be eligible, too. Hard to find but owner held financing would be option now.
Need a lender who allows a bad mortgage history. My client has $360,000 cash, and
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- 0.0/5.0
- (no reviews)
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