Question by spec1235: Can I get a no doc mortgage Refinance loan with a 600 Fico Score?
Fico Scores range from 585-621. Self employed, bankruptcy within past year. Don’t care about interest rates. Honest, kind answers only, please.
Answer by Sharon T
No doc mortgages are really in disfavor because they caused much of the mortgage mess. If they are available to anyone, it would require a higher credit score and a large equity in the home.
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Not a chance.
Well, mortgage refinancing loan will be available more easily to individuals with score 680 and above. Due to the peculiarities of this loan, and the fact that stated income mortgage loans contribute to a large percent of the scary number of problematic mortgages lenders will unwillingly agree to 100% financing to borrowers with less than perfect credit.
I think you have to contact your mortgage lenders for more details.
The website below may provide some insight for you.