Posted on: 04th Apr, 2010 06:52 pm
I am looking for a loan- ratios 50/50. 603 credit score
purchasing 234K house. on the book my ratios are 50/50 but I get tips as a dog groomer
can I get an fha loan. my score should go up in 30 days when i get a secured card. I was informed that it would be over 620 easily.
purchasing 234K house. on the book my ratios are 50/50 but I get tips as a dog groomer
can I get an fha loan. my score should go up in 30 days when i get a secured card. I was informed that it would be over 620 easily.
Hi lianeburns,
As far as I know, the FHA limits for a debt to income ratio is 31/43. If you do not satisfy this requirement, I don't think you would be able to qualify for a FHA loan though you've a credit score of 620.
As far as I know, the FHA limits for a debt to income ratio is 31/43. If you do not satisfy this requirement, I don't think you would be able to qualify for a FHA loan though you've a credit score of 620.