Loan Scenario: MI, $19,000, 548, 63% LTV, Purchase
Loan State: Michigan
Loan County: Dickinson
Loan Type: Purchase
Loan Amount: $19,000
Property Value: $30,000
LTV: 63%
FICO: 548
DTI: 12
Occupancy Type: Owner-Occupied
Property Type: Single Family Residence
I was hit with medical bills and want to buy a home. I found out I was in default when I went to buy this home. Since then I paid off all my late bills. My creadit score does not reflect my reliability or ability to pay my debts. I would be willing to pay a higher intrest rate and can come up with a large down payment. Please help me I am out of options.