red flag: My REALTOR Says You Can Approve My FHA Purchase With A 600 FICO Score, Just Like Wells Fargo - 04/05/11 07:42 PM

Mike the real information about FHA Mortgages with a 600 FICO Score. Know where to invest your time and efforts, and know where not to waste your customers time.
Good luck and success.
Lou Ludwig
600 FICO!  3.5% Down!  "A Proactive Approach Because You Deserve It!"  ...and other marketing drivel...
Inside Wells Fargo...
According to an insider at Wells Fargo Bank, this program (nationwide) has resulted in the following since its recent inception:
10,000 loan applications (Good!) 5,000 loan rejections (Bad!) 18 loan approvals (Ugly!) The rest of the loans are still out there in limbo.  (That's a technical term for "We … (1 comments)

 
Lou Ludwig, CRB, CRS, CIPS, GRI, SRES, TRC, e-PRO (Ludwig & Associates) Rainmaker large

Lou Ludwig

CRB, CRS, CIPS, GRI, SRES, TRC, e-PRO

Boca Raton, FL

More about me…

Ludwig & Associates

Mobile: (561) 703-7465

Office: (561) 703-7465

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