This program is also backed by the government: This program is a case by case scenario. Please check with me on the guidelines, one has to really target this type of customer, this site will give you some understanding of the program. http://www.huduser.org/portal/resources/hudprgs/ProgOfHUD11.pdf
- Credit score not a factor
- Portfolio must be performing
- LTV –83% – 90% ( Strength of the principal )
- $$1.5-1Billion