Posted on: 21st Aug, 2013 01:42 am
My credit score is 672 and I have an annual income of $65,000. I have been employed for 6 years in the same company. I need to know if I get qualified for a mortgage loan?
Hi Amik,
You will have to contact the local lenders and apply for a pre-approval. They will check your financial and credit situation and let you know whether or not you will be able to get a mortgage.
Thanks,
Jerry
You will have to contact the local lenders and apply for a pre-approval. They will check your financial and credit situation and let you know whether or not you will be able to get a mortgage.
Thanks,
Jerry
Hi Amik!
Welcome to the forums!
With a credit score of 672, it will be difficult for you to get qualified for a conventional loan. You may have to apply for a FHA mortgage.
Feel free to ask if you've further queries.
Sussane
Welcome to the forums!
With a credit score of 672, it will be difficult for you to get qualified for a conventional loan. You may have to apply for a FHA mortgage.
Feel free to ask if you've further queries.
Sussane