Posted on: 23rd Sep, 2013 02:29 am
Hello everyone... I live in Columbus, GA. I need to know what is the lowest credit score you can have to be eligible for a mortgage?
Hi Silver,
Irrespective of whichever state you live in, you need to have a credit score of around 620-640 to get a FHA loan. If you have a score lower than that, then you may not be able to qualify for a loan.
Thanks,
Jerry
Irrespective of whichever state you live in, you need to have a credit score of around 620-640 to get a FHA loan. If you have a score lower than that, then you may not be able to qualify for a loan.
Thanks,
Jerry
Hi Silver!
Welcome to the forums!
Jerry is right in saying so. However, if you are looking forward to take out a conventional mortgage, then you will require a credit score of 700-720.
Feel free to ask if you've further queries.
Sussane
Welcome to the forums!
Jerry is right in saying so. However, if you are looking forward to take out a conventional mortgage, then you will require a credit score of 700-720.
Feel free to ask if you've further queries.
Sussane