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usakr
Joined: 22 May 2007
Posts: 3
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| Posted: Wed May 30, 2007 8:13 pm Post subject: can anyone do this? |
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I have a client who has been a resident alien for 2 years. She has one tradeline on her credit report for a $12,000 loan she had for 36 months and paid off in 24, all payments on time. However her credit score is 0. She is trying to purchase a $ 215,000 home. The home she currently lives in is paid off. Her income is from rental properties she owns in Mexico. She has $80,000 as a down payment. She has bank accounts in the U.S. and Mexico. Can this deal be done? |
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Haplo
Joined: 20 Jan 2005
Posts: 2422
Location: Springfield, IL
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| Posted: Tue Jun 05, 2007 7:45 pm Post subject: |
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| Yes, but it's not easy. It requires a lot of extra documentation, likely credit reports from her country of origin, and documentation for the income she does receive. |
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