Posted on: 02nd Feb, 2011 12:11 pm
Look for a loan of a home value of 250,000 and have like 18% to put down. My husband will be doing the loan, his middle credit score is 594. He has a solid work histroy and has been paying on time the last 6 mths. Makes a yearly sally of $46,000. Also have no debts. What are our chances of finding a loan in PA
Hi TranslationsAm!
Welcome to forums!
With a credit score of 594, it will be difficult for you to qualify for a conventional loan. Your husband can contact the local lenders and check out the option of FHA loans. Your husband may qualify for a FHA loan.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
With a credit score of 594, it will be difficult for you to qualify for a conventional loan. Your husband can contact the local lenders and check out the option of FHA loans. Your husband may qualify for a FHA loan.
Feel free to ask if you've further queries.
Sussane