Posted on: 04th Aug, 2009 06:32 pm
i have a fico of 665 can i get fha.
Hi, FHA loans require a minimum fico score of 620 so if all other finances are in good terms then you should be fine getting a fha loan.
So if i have above 620 then i can get fha?
Hi Jose, Yes that would be correct.
to both egarlen and jose: please be aware that your credit score will get your foot in the door of a mortgage lender's office, but it's going to take a lot more for you to actually qualify for and obtain a mortgage. your income needs to be verified, your debts have to be considered, your assets must be verified, etc. if your income is insufficient to cover the required mortgage payments, plus other debt (figure on 35-40% of gross income), then you may well get denied.
to determine what you may qualify for you can certainly request a free consultation from one of the lenders here, or you can visit a local lender and sit down and get some frank answers. be sure to supply your pay stubs, bank statements, etc. so that any answers you get can be based in reality.
to determine what you may qualify for you can certainly request a free consultation from one of the lenders here, or you can visit a local lender and sit down and get some frank answers. be sure to supply your pay stubs, bank statements, etc. so that any answers you get can be based in reality.
