A client wanted to buy the home he had been renting. With the credits I was able to arrange for him, the total amount he needed at the closing was $742 even though his credit was less than perfect.
A self-employed borrower wanted to buy the home she had been renting for a year. While her tax returns didn’t show enough income to be able to use a standard loan, a bank statement program worked perfectly for her. Her income was based on deposits in her personal bank account.
Call 847-441-4116, or email me at herb@1stEagleMortgage.com for more information about these loans that don’t require any income documentation.