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Are you a borrower with just one FICO rating or no FICO rating in any respect? In that case, the One Rating or No Rating Mortgage Program is perhaps the right answer for you. This program is designed to assist people who could not have a standard credit score historical past qualify for a mortgage. With this program, you may safe financing for as much as 65% loan-to-value (LTV) and qualify with full documentation.
One of many key advantages of the One Rating or No Rating Mortgage Program is that it applies to all occupancy varieties. Whether or not you want to buy a main residence, a second residence, or an funding property, this program may also help you obtain your actual property targets.
- For debtors with just one FICO rating or no FICO rating.
- Accessible as much as 65% LTV, qualifies with full documentation.
- Relevant to all occupancy varieties.
To qualify for the One Rating or No Rating Mortgage Program, you will have to supply documentation of your earnings, property, and some other related monetary info. This program is a good possibility for debtors who could not have a standard credit score historical past however have the monetary means to afford a mortgage.
The One Rating or No Rating Mortgage Program is a implausible alternative for people with restricted credit score historical past to safe financing for a house buy. If you’re concerned about studying extra about this program and the way it can profit you, contact us at present to debate your choices.
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