Need financing advice - Posted by SteveW

Posted by Mike G on March 28, 2002 at 12:59:09:

There is a lot more to getting a mortgage than just a credit score. There are a lot of other compensating factors such as LTV, Assets, Income, Income Stability, Income Source, Charachter of the Credit, Documentation type, etc…
Your FICO is very doable but need the other info to get you the best deal.
Email me and lets see what we can do…
-mwg

Need financing advice - Posted by SteveW

Posted by SteveW on March 28, 2002 at 08:58:16:

I have a FICO of 549 due to too much credit card debt but I do have a good payment history. Am I better off going to a hard money lender? How is a traditional lender going to view me? Do I have a chance at a credit line? I do have a fair amount of equity in my home. Thanks!

FICO score - correction - Posted by SteveW

Posted by SteveW on March 28, 2002 at 09:44:35:

It’s 649, not 549.