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Insufficient Credit

August 25, 2008 by Eleanor  
Filed under About Scores and Credit, Loan Programs

9 Comments

Even though FHA Assistant Secretary Brian D. Montgomery laid out a clear plan for evaluating folks who have little to no credit history – he also identified what the BEAR BONES MINIMUM standards are.

If you have nothing but “Group 2 References,”  Then you can have no more than ONE thirty day late (1 x 30) on any payments and you can not have any collections or liens in the last 12 months.

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Comments

9 Responses to “Insufficient Credit”
  1. We Buy Ugly Houses says:
    January 22, 2009 at 10:31 pm

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  2. We Buy Ugly Houses says:
    February 3, 2009 at 10:49 am

    Your site is the best one!

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  3. Beytra says:
    February 5, 2009 at 9:25 am

    Nice!

  4. Klima says:
    February 5, 2009 at 12:03 pm

    Where I can find more information?

  5. Djylia says:
    February 16, 2009 at 6:22 am

    Hi sisters, I will begin my own lbog!

  6. Sport says:
    February 16, 2009 at 11:47 am

    Your information is much interesting! Thanx!

  7. streetwear says:
    October 8, 2009 at 11:29 am

    Perfect work!Keep posting

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