Calstrs

[monkatom]

Does anyone know if Calstrs uses fannie and freddie guidelines for BK and foreclosure to get a loan? I would like to get a loan in a year or so with 20% down but will not qualify for the new guidelines of 3 years after foreclosure so wanted to know what Calstrs guidelines were.
Thanks

[fltoo]

Bottom line, if a lender is going to inhouse your loan and not meet the secondary market guidelines in order to sell it off, you better have some really good extenuating circumstances that make you an extremely low risk.