All loans are sold somewhere and other than private funding which we no longer do lenders are not apt to lend like 4-5 years ago when equity cured a multitude of financing sins.
In today’s markets if you credit score is lower than 620-640 lenders are not as eager to lend as in years past.
Guidelines are forever changing so when a foreclosure or deed in lieu have occurred it could be 2-4 years before any financing is available and good credit has to have been demonstrated since the tarnished credit. Mwfj<>
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