What I would suggest is to speak to a broker and see if they have lenders that offer FHA loans with lower FICO's. Some lenders go into the 500's (rarely). If you did get qualify for the FHA loan it gives you the ability to streamline anytime in the future to a lower rate.
Our president also can make changes in FHA lending practices because the money backed by the government. I definitley suggest you refinance your mortgage to a FHA and start the savings for now and the future. You can go up to 85% and get cash out anything 86%-97.5% you can do but you cannot receive cash out.
Omar
Voyage Home Loans
Our president also can make changes in FHA lending practices because the money backed by the government. I definitley suggest you refinance your mortgage to a FHA and start the savings for now and the future. You can go up to 85% and get cash out anything 86%-97.5% you can do but you cannot receive cash out.
Omar
Voyage Home Loans