http://mortgagefiduciaries.com Education and Professional Ethics for the Mortgage Lending Industry Fri, 03 Feb 2012 23:09:14 +0000 en hourly 1 http://wordpress.org/?v=3.1.1 http://mortgagefiduciaries.com/2009/11/z3-case-studies/ http://mortgagefiduciaries.com/2009/11/z3-case-studies/#comments Tue, 24 Nov 2009 23:55:15 +0000 mf http://mortgagefiduciaries.com/?p=123 Pedro and Kip are ready to buy a home.  Kip is a Veteran and they want to use her VA Eligibility Certificate to finance a home.  Pedro just finished college and has a degree in theater.  He is new on the job and works in customer service in a white collar industry.  Kip has worked part time in retail sales for 3 months. Prior to that she was in the service and was trained as “Human Resources Specialist” but currently can’t find work in that field.  Pedro has some credit and what he does have is good but Kip had problems using lots of payday lenders trying to make ends meet and her credit history is poor, her score is just over 600. What loan type would you recommend for this married couple?

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