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Credit – Low scores, late payments, recent BKs, FC, etc. | Expanded credit guidelines for exception based lending | |
Down Payment / Equity – Little available or from untraditional sources | High loan-to-value programs available | |
Income – High debt-to-income ratios or unable to document | Higher ratios and alternative documentation (including stated) allowed | |
Employment History – Unable to demonstrate stability | Flexible proof of employment history | |
Property – Issues with property type, condition or valuation |
Programs for most property types |