Posted on: 03rd Jan, 2011 12:41 pm
Can i get a lone for a home two years after forcloser i have a credit score hi 600... I have 10,000 and would like to by a home for 75,000
Hi cubanogreg!
Welcome to forums!
The lenders will give you a mortgage after 3-4 years of a foreclosure. However, as you've a credit score in the high 600s, you can apply for a FHA loan in order to buy a house.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
The lenders will give you a mortgage after 3-4 years of a foreclosure. However, as you've a credit score in the high 600s, you can apply for a FHA loan in order to buy a house.
Feel free to ask if you've further queries.
Sussane
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Regards,
George (The IT Guy)
Regards,
George (The IT Guy)
"Can i get a lone for a home two years after forcloser i have a credit score hi 600... I have 10,000 and would like to by a home for 75,000"
Hi cubanogreg,
minimum score required for a FHA Loan is 620... If U have nice income history U could be eligible for 75K Loan, as U are putting 13% down payment which is really a good amount, compared to the industry standards...
Samese
Hi cubanogreg,
minimum score required for a FHA Loan is 620... If U have nice income history U could be eligible for 75K Loan, as U are putting 13% down payment which is really a good amount, compared to the industry standards...
Samese