Originally Posted by DaPompous
Subprime mortgages are back via the government and Wells Fargo in a big way? Except this time there is a cap of over 400,000 dollars. So the middle class and poor market will only be affected. I got some cdos and mbs I would like to sell you. Any takers?
It's pretty obvious you don't understand credit scores to ask a dumb question like that. There could be various reasons his score is in the low 600's but time one the job, debt to income, and previous mortgages have a lot to do with a house or auto loan. But if it's you that has the 620 score the answer is no, lives with girl friends parents, can't provide proof of income, and we could go on and on.