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Updated over 4 years ago,

Mykhail Bolden's profile image
Mykhail Bolden's profile image
Mykhail Bolden
  • from Chicago, Illinois
  • Member since Mar 26, 2015
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User Stats

61
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12
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Mykhail Bolden's profile image
Mykhail Bolden's profile image
Mykhail Bolden
  • from Chicago, Illinois
  • Member since Mar 26, 2015
Connect
Mykhail Bolden
  • Chicago, IL
12
Votes |
61
Posts
Starting Out

FHA guidelines to close during COVID19

Mykhail Bolden
  • Chicago, IL
Posted

Hello I had a week to close, but unfortunately the COVID-19 pandemic showed up! Long story short I didn't have the credit requirement to close. However I hired a credit professional and my credit is increasing drastically. Since there are new guidelines and rules everyday my question is what are the requirements with your bank/lender to close on an FHA multi family 3 flat? I am in Chicago as well. DTI, credit score, reserves, etc?

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