Posted by R.C. on February 22, 1999 at 10:48:32:
New Mortgage programs for less then perfect credit! - Posted by Dan Fink
Posted by Dan Fink on February 21, 1999 at 08:13:33:
Bank of America ,GE captial with Countywide home loans are comming out with 2 new programs:
The first is credit flex were the credit scoring is waved if they have made 12 rent payments on time.
and the other is zero down were if they have the credit they can get a 100% loan with no documentation of were their closing cost came from.
for info on these programs call the #'s below
Bank of america 1-888-815-2724 Credit flex and zero down
countywide-GE program 1-800-570-9888 Their plan is called the cash saver
This could be a great resource for funding sales and taking out you L/O tenants
Hope this helps