N0 down loan with low FICO - Posted by Bill Dodd
Posted by Bill Dodd on November 28, 1999 at 13:56:52:
I am looking to buy a house with 68% LTV from Freddie Mac (bank owned). They are not interested in financing any portion of the house. I have 2.5 year old bankruptcy due to a ‘layoff’ with good credit since. My FICO score is 540 because there are numerous accounts that are reporting ‘bad debt’ or ‘write-off’ instead of ‘included in bankruptcy’. I am in the process of ‘cleaning up’ the credit report to read properly. My income is over $6,000 a month with the same company for 12 years. If I can just get into the house, there are a multitude of financing programs available. I have been looking for weeks with no luck. Is there any programs out there for me???
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