Mortgage Lender Offering 105% LTV Loan With $500 Down And Downpayment Assistance, FICO Down From 660 To 620 (Into The Storm!)
by confoundedinterest17 I call this “lending into the storm.” A national mortgage lender has just introduced a 105 Loan-to-value (LTV) ratio loan and a lowering of FICO scores from 660 to 620. Now, the loan still requires 97% LTV with downpayment assistance …