50 State Lender Reviews50 State LenderLoan Officer (11 years experience)
Purchase Loan, Refinancing, Mortgage Planning, FHA & VA Loans Down to 580 FICO
11/07/2013 - mcgruffhvr
We connected, but it did not work out. Looking in North Zanesville, South Zanesville, OH 43701
Response from 50 State Lender on 11/13/2013
Mr. Boyd, Thank you for your feedback. I understand you believe that the Back to Work program should include all borrowers down to a 500 FICO score, however this is not the case and was clearly relayed to you prior to submitting your loan application. We need to have at least a 640 score for this program as this is what our investors request. For other FHA and VA programs, I can lend with as low as a 530 score. Also, when you had expressed your concerns to me, indicating you read somewhere online that the program allows for a 500 FICO score, I responded to your email within 20 minutes, letting you know that this is just not the case. To say you did not hear from me again is just not true. I have been doing straightforward, honest lending for almost 10 years now. I have successfully closed clients through the new FHA Back to Work program. I wish you all the best.