Your gross household income (all applicants combined) is at least $3,600/month, and you can document it clearly. Unlike lender offered assistance programs, Trio has no maximum limits on income. We’re not restricted based on school district, census tract or any other type of restrictions found typically with other programs.
Your housing history is stellar, showing 24 months or more of on-time payment history, and you can document it clearly.
Your FICO score is at least 550, according to our third party credit report and your credit history doesn’t contain many collections and charge-offs. Trio looks at credit history, not just the score.
You don’t have an active bankruptcy or foreclosure. If your bankruptcy is discharged and your foreclosure is recorded, you could be eligible. Be sure you can still document timely housing payments as mentioned above since your foreclosure.