100% financing no prepay 500 credit score Texas

[anyfico]

You read it correctly. Contact me ASAP. 100% 1 loan, no prepay, purchase only, 65% DTI, Full Doc . Contact me for further details

[OregonLO]

and what bank does that loan?

[anyfico]

D & R Financial Group

[OregonLO]

and they go down to a 500 mid score? That's impressive, I might have to have my broker sign up with them.

Do you have a URL for this company? I'd liek to check out their broker site.

[anyfico]

We do not have any trade line requirements either. Give me a call 602-386-5216 office or 480-212-3203 mobile. I can further explain.

[OregonLO]

I'll do that when I get some time today...So are you a broker or an AE? I'm looking to add them to my group of lenders since i have some low Fico borrowers that I've had to turn away.

[anyfico]

I am the AE but I will supply the broker packages and guidelines.

[OregonLO]

oh okay, what is your email?

[anyfico]

dcaracappa@500fiko.com

[subprimealta]

these loans have already been proven not to perform. either the investors are getting scammed, this company is a scam or they are just plain headed directly to bankruptcy

[anyfico]

Not sure where you got your info but this is not a scam. We close these deals all day long. Sounds like you are just not familiar with the program.

[dawnstar]

load of crap!

[anyfico]

I am really too busy to waste time with your negativity but it cracks me up that you really have no idea about the program. You should see the amount of loans I close a month. If you wanted to supplement your income you would actually inquire about the product rather than speaking about something you clearly do not know anything about. Visit our website & see for yourself.

[OregonLO]

well yes, there is no need for the negativity but people are going to be skeptic about this program. I believe you have some very high MI payments that go along with these loans, correct?

[anyfico]

It depends on your fico score. Of course under 574 does have high MI, but keep in mind you are asking for 100%. Not many companies will do 100% LTV for someone with that low of a fico score. Also MI is tax deductible if you make on 100k a year. People frown when they hear MI but if we said we would due 100% 1 loan 30 yr fix no prepay at 13% under 574 credit score, most people would jump on it. It's basically the same payment. It is much less at 575 credit score & keep dropping as you go up.

[OregonLO]

Yeah, I have somewhat of an idea of how your product works. I spoke with someone in the past but you guys didn't offer it in Oregon. Did you guys ever get set up here?

[anyfico]

We are not licensed in OR. Currently we are licensed in AZ, CA, CO, FL, MO, NM, & TX.

[carlel]

i wish you did it for other places other than just texas!!!