Does anyone know of a lender who will buy the following: 507 middle score with three good tradelines (last 12-24 mo) but 1 1X120 (last 12 mo.) with 80% LTV or higher and a lender that is flexible re: downpayment? I.E., will accept: seller 2nd for difference or 95% CLTV or unsourced/unseasoned monies at closing table… OO/SFR/Purch. w/good compensating factors = buyer is buying property they’ve rented for the past 16 years and has been working at the same job for the past 18 years. Also, buyer is purchasing property at 54K = Salesprice and FMV = 65K. D/R less than 50%… Thanks for your input in advance.
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