If you have a low fico score, you may be eligible for a fannie mae’s expanded approval loan. Your loan can be underwritten by an automated underwriting system which allows for compensating factors such as low loan to values, good asset reserves, and a strong debt to income ratios. These compensating factors can allow you to be approved despite a low fico score.

No related posts.

Related posts brought to you by Yet Another Related Posts Plugin.

Tagged with: • • • •

Filed under: blog

Like this post? Subscribe to my RSS feed and get loads more!