Emily B.

Judgments and tax liens must be paid off at or before closing.

Bankruptcy (Chapters 7, 11, 13)Waiting period of four years from the discharge or dismissal dateForeclosureWaiting period of seven years from the discharge datePre-Foreclosure/Deed-in-Lieu/Short Sa...

Past-due consumer debts (Installment and Revolving) can be no more than ninety (90) days past due at the time of closing. Rolling late payments are considered delinquent for each late occurrence. D...

FICOs 640+: 0x30x6 / 1x30x12FICOs 600-639:0x30x12Note: Housing history requirements apply to all financed propertiesIf the subject property is owned free and clear, then the subject property is con...

Credit rescores are not allowed on our HELOC.

Use the primary wage earner’s credit score as the representative credit score.The minimum FICO score is 600.Note: The Heloc program utilizes an Equifax-only FICO 8. The lender will not consider bro...

The primary wage-earner must have either:Two (2) tradelines seasoned twelve (12) months, orOne (1) tradeline seasoned twenty-four (24) months

Credit Reports may not be more than ninety (90) days old at time of loan closing.

The Heloc can be in a first or second lien positionFor second lien Helocs, the following features are not permitted on an existing first position loan:Pre-payment penalties (with the exception of i...

Loans which are deemed High Cost are not eligible for this program.