All Forum Posts by: YaSin Aquil

There are some agency lenders who will do loans with FICOs as low as 550. Terms are horrible, but they will do a perm loan and get you out of a bridge. Have you both been employed for 2 years with steady income? What state? I may know a resource or two for you to check out...

Cheers!

Greetings,

I am in Florida. Due to my working out of the country and I recently returned. I been working in the States upon my return in October of 2023

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Quote from @Chris Seveney:

@YaSin Aquil

Who originated a 12 month balloon on a primarily

I thought those were illegal ?

Yes. The plan was to rent the house out after repairs but I was unable to find another home to rent and was not able to finish repairs.

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Quote from @Erik Estrada:

Quote from @YaSin Aquil:

I'm currently in a 1 year balloon mortgage that is due to mature in May. The home is my primarily residence. My wife and I have jobs and our credit score is roughly 580. Are there any programs that will allow us to refin our home. Thanks.

Hey Yasin,

Do you have 2 years of income to show? Are you self employed? Can you get a non occupying co-signer?

This is a tough scenario. How did you end up with a balloon mortgage on your primary?

Greetings,

Thanks for you reply. There are 2 years of income but the income was low due to working out of the country. Yes I can get a Non-Occupying Co-Signer.

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All Forum Posts by: YaSin Aquil

YaSin Aquil has started 1 posts and replied 4 times.

Post: Balloon Mortgage Mature

Post: Balloon Mortgage Mature

Post: Balloon Mortgage Mature

Post: Balloon Mortgage Mature