lenders - Posted by Hollis Gaynor

Posted by GMann on September 14, 2004 at 11:10:06:

Incorrect…Most subprime lenders have a 12 mos. seasoning requirement, to a lesser extent 6 mos. seasoning, and there are barely a handfull that have no seasoning requirements.

lenders - Posted by Hollis Gaynor

Posted by Hollis Gaynor on September 10, 2004 at 12:14:02:


My question to you is:

Do you or do you know of any lenders that I can work with that do not have seasoning requirements on there loan programs. especially programs for prospects that have a 580 credit score.

thank you in advance.

Hollis Gaynor

Re: lenders - Posted by Don Dion

Posted by Don Dion on September 12, 2004 at 20:16:25:

Jesse’s statement is untrue. Most of the top BC lenders are all asking for 24 month chains of title and will note close on deals with short term seasoning. Even the one’s that are 12 months or more they order review appraisals on them now. There are a few lenders that we work with that specialize in the short term deals 90 days or more.

Re: lenders - Posted by Jesse

Posted by Jesse on September 10, 2004 at 12:36:25:

Most subprime lenders don’t have seasoning requirements. Start there and also check with different brokers about no seasoning programs.