Help! Need loan ASAP. Single Family.
I am representing some sellers in a deal that has fallen through. Apparently the buyer has some credit issues and was dealing with a loan officer who said he was approved. Two days before closing [monday] i get a call from the buyer's agent saying that the lender cannot close the deal.
My question to you guys, since a lot of you are pretty creative and have fantastic contacts, can you guys fund a sub-prime loan? It has to be FHA because I am pretty sure conventional will not touch him. He has good reserves, makes good money, just has shotty credit [522 fico].
If you would like more details and can act fast, please call me directly at (210) 389-0882 ANYTIME.