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Fico Scores Down To 620!

Dear Valued Partner,

SWMC is accepting government loans with a Credit Score of 620 to 640 where the maximum DTI is 43% and the Housing Payment Shock is <=20%.

Note:

  1. In case of USDA Loans with a Credit Score of 620 to 640, SWMC may consider an exception subject to USDA Guidelines.
  2. SWMC will consider exceptions to the above guideline when the borrower(s) have good cash reserves.
  3. For all Conventional Loans, SWMC will accept FICO score of 620 as long as the loan has DU approval.
    If you have any questions, please feel free to call on your Account Executive at (800) 453-7884.

If you have any questions, please feel free to call on your Account Executive at (800) 453-7884.

Sun West Mortgage Company, Inc.
18303 Gridley Road
Cerritos, CA 90703
Phone : (800) 453-7884

Equal Housing OpportunityThis information is provided as information for licensed wholesale brokers only and may not be copied or distributed to customers or potential customers. All loans subject to approval. Certain restrictions may apply. Program Rates, Prices, Guidelines, Fees, Costs, terms and Conditions are subject to change without notice.

Sun West Mortgage Company, Inc. (NMLS ID 3277) is licensed by the Department of Corporations as a California Finance Lender (License #603 0119) and is licensed by the Department of Real Estate (License #00793885). Refer to www.swmc.com to see where SWMC is a licensed lender. In all states, the principal licensed office of Sun West Mortgage Company, Inc. is 18303, Gridley Road in Cerritos, CA 90703; Phone: (800) 453-7884