Wednesday, February 9, 2011

Prospect Mortgage - FHA 580-639 FICO Program

The Grove Team would like to take a moment to introduce a guest blogger and service partner, David White with Prospect Mortgage. David has been kind enough to provide information for their FHA 580-639 FICO Program.

We continue to lead the industry by providing world-class products and service to our clients! We are committed to extending the opportunity of homeownership through responsible lending that leads to affordable home loans.

We offer an FHA program to borrowers with FICO scores between 580 and 639. This means more opportunity for customers to qualify for a home loan!

Product highlights:
3.5% down
Gift funds permitted
Fixed-rate loan only
Applies only to purchase loans

Headquartered in Sherman Oaks, CA, Prospect Mortgage — including its Joint Ventures and Prospect Lending* — is one of the largest independent residential retail mortgage lenders in the United States. Our company is backed by Chicago-based Sterling Capital Partners, a leading private equity firm with approximately $4 billion of assets under management.
I am also excited to share with you that we recently received Tier-1 ranking — a prestigious recognition and the highest level possible — by the U.S. Department of Housing and Urban Development (HUD), underscoring our reputation as an ultra-high-quality lender.
If you would like more information or have any questions about how FHA loans and world-class service may benefit your clients, please call me today.

Click here to visit my website and apply on line:

David White
Senior Loan Consultant
Prospect Mortgage
850 E. State Highway 114, Suite 100
Southlake, TX 76092

Office: (817) 328-1307
Cell: (972) 998-2057
Fax: (877) 592-0946

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