Posted on: 19th Sep, 2010 04:41 pm
have fico score in good credit range,20+ steady employment,first time buyer
Hi beeleaner,
If you have a credit score of not less than 580, you will be able to qualify for a FHA loan. However, you shouldn't have much negatives on your credit report. Too much of negatives on your credit report will reduce your chances of qualifying for a mortgage.
Thanks
If you have a credit score of not less than 580, you will be able to qualify for a FHA loan. However, you shouldn't have much negatives on your credit report. Too much of negatives on your credit report will reduce your chances of qualifying for a mortgage.
Thanks