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Down Payment Assistant

Posted on: 17th Apr, 2008 08:32 am
If your score is less than 580 on a FHA loan, can you still use DownPayment assistant?
Most Down payment Assistance programs are not score driven but rather make sure you do not have outstanding deliquincies on your credit.
Posted on: 17th Apr, 2008 11:09 am
Yes. There are still lenders out there tha will finance down to 500 FICO or below in special circumstances.

The credit score has no bearing on weather or not you can utilize the down payments assistance programs.

I guess the short answer is YES!
Posted on: 17th Apr, 2008 11:51 am
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