Posted on: 10th Sep, 2009 06:30 pm
my husband and I filed bankrupt 6 year ago and we due have a car note our credit is around 610 can we still get a loan for a moblie home. the home is park and you rent the spot.
You need minimumof 620 to get a FHA loan
Hi salcedo,
What type of loan are you planning to take? You should have a credit score of 620 in order to get a FHA loan. For conventional loans, you would require a credit score of 720-740. As your credit score is 610, you should try to improve it so that it reaches 620. Check out the following page to to know some steps to improve your credit score:
http://www.mortgagefit.com/credit-rating/credit-repair.html
Once your credit score improves, you can apply for a FHA loan.
Thanks
What type of loan are you planning to take? You should have a credit score of 620 in order to get a FHA loan. For conventional loans, you would require a credit score of 720-740. As your credit score is 610, you should try to improve it so that it reaches 620. Check out the following page to to know some steps to improve your credit score:
http://www.mortgagefit.com/credit-rating/credit-repair.html
Once your credit score improves, you can apply for a FHA loan.
Thanks
your score should be 620 for FHA loan
I think your credit should be 620 for FHA.
But you can check with local lenders to get it with less credit score.
Check with local lenders that may be in benefit of you.
But you can check with local lenders to get it with less credit score.
Check with local lenders that may be in benefit of you.
hello,
what type of loan u need
if you wannt FHA loan u need minmum 620-630 credit score,
and if you need other loan you need more credit score.
what type of loan u need
if you wannt FHA loan u need minmum 620-630 credit score,
and if you need other loan you need more credit score.
They are looking for loan on a mobile home
You have to check locally with your local lenders.That will help you to get your required loan as per your finantial condition.
you can look at online lenders, or bad credit lenders but you'll probably want to try and get that score up a bit.
That said you may be able to get a loan, but it will most likely cost you more in interest.
That said you may be able to get a loan, but it will most likely cost you more in interest.
yeah...do what it takes to bump that score is the best advice. you're only 10 points below what most lenders use as a minimum for fha lending - pay somebody off today and see the benefit.