Searching for a solution - Posted by Eric P. Martin
Posted by Eric P. Martin on August 09, 2003 at 20:29:25:
I’ve been visiting this board for several years. Over the course of those years, I’ve bought a few R.E. courses and have obtained a R.E. licence. I’m still renting. I’ve over the last 6 months have improved my credit as suggested by my mortgage loan officer. I still can’t get a pre-approval. My high score is just under 600 (599).
Well as a realtor, I’m self-employed with no verified income as of yet. I would like to venture into getting a building so I can have some type of income as I’m getting started as a Realtor.
I’ve have the LeGrand course (Fast Cash) and still, as a Realtor, can’t understand how anyone could put a contract on a home, with no credit or bad credit, without a pre-qualification letter.
This is my situation in a nutshell. Any ideas of how I can qualify for a loan/with scores under 600, no verifiable income (as of yet)?
Thanks in advance,
Eric P. Martin