Does your agent have someone that they can recommend you talk to? Different lenders have different requirements, so it could just be a matter of finding the right one.
If he does need to have more current information on his credit report to qualify, opening up a secured credit card account may be sufficient. Lenders should be able to give you some guidance on what you may need to do to qualify for a loan if you are not quite there yet.
I'd be happy to suggest a name or two if you would like.
Joshua Stein, REALTORÂ®
Coldwell Banker Preferred - Conshohocken
Office:(610) 828-9558 * Cell:(215) 866-8030
Direct:(484) 270-1165 * Fax: (215) 999-5894
PA License #RS317975
If you know anyone who needs help buying, selling or renting in the next 60 days, give me a call so I can help them meet all of their real estate goals.