Posted on: 03rd Jan, 2009 04:08 pm
The lender we are working with won't use me on the loan because my score is a 537. My husband's is over 580 so they want to just use him. The only problem is that limits our purchase to $50000 or less. We did find a HUD home that we are bidding on for $50000 but if they don't accept it we will have to figure something else out. Any suggestions? I am trying to raise my score but it takes time. Thank you.
hi,
If you have a credit score below a 580 it might be extremely hard to get a FHA loan in this current lending market. But there are other options when it comes to getting government loan.
but some banks will allow a FHA loan to go through with a credit score below a 580 if the bank or mortgage company gets an automated approval
If you have a credit score below a 580 it might be extremely hard to get a FHA loan in this current lending market. But there are other options when it comes to getting government loan.
but some banks will allow a FHA loan to go through with a credit score below a 580 if the bank or mortgage company gets an automated approval
Trying to purchase my dream home cant find a lender my credit score id 540 the man is given me 30 days to find a lender Please help me!!!!!!!!
I would like to borrow 20000 for a mobile home. I own my land, but my credit score is 567. Do you think it's possible?
Hi jt,
Your query has been replied in the given page:
http://www.mortgagefit.com/know-how/about44827.html
Take a look it it. Hope it helps you.
Thanks.
Your query has been replied in the given page:
http://www.mortgagefit.com/know-how/about44827.html
Take a look it it. Hope it helps you.
Thanks.
my credit score is 569,568,and 593 is it poss. to get a FHA loan even if i put $50,000 to $60,000 down , on a $140,000 house , i make aprox. $3700 a month .
been battleing high interest credit cards for years , when your young and dum things happen ..
been battleing high interest credit cards for years , when your young and dum things happen ..
Hi Guest,
Your credit scores are quite low. There are very few lenders who will offer you a FHA loan at such low credit scores. You should speak to the local lenders of your area and apply for a mortgage. They will let you know whether or not you can get a mortgage.
This community has a large number of lenders. You can seek a no obligation free mortgage quote from them and check out if they can help you in this regard.
Thanks
Your credit scores are quite low. There are very few lenders who will offer you a FHA loan at such low credit scores. You should speak to the local lenders of your area and apply for a mortgage. They will let you know whether or not you can get a mortgage.
This community has a large number of lenders. You can seek a no obligation free mortgage quote from them and check out if they can help you in this regard.
Thanks
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