Posted on: 21st May, 2010 11:49 pm
I want to know for refinancing to try and save house
hi neka,
if you want to take out a fha loan, then you would require a credit score of 620. in case of conventional loan, you would require a score of 720. you should have equity in your property in order to refinance your present loan. moreover, if you have defaulted on your mortgage payments, you won't be able to get a refinance.
take care.
if you want to take out a fha loan, then you would require a credit score of 620. in case of conventional loan, you would require a score of 720. you should have equity in your property in order to refinance your present loan. moreover, if you have defaulted on your mortgage payments, you won't be able to get a refinance.
take care.