Posted on: 30th Jul, 2009 04:50 pm
How much would you have to put down to obtain a mobile home loan with a 525 fico score
Hi tmirrer,
With a credit of only 525 fico score, I doubt if you can qualify for a home loan at all. Credit requirements have become quite stringent post sub-prime mortgage crisis. Now, most lenders would not offer you a loan, if your credit score is less than 620.
With a credit of only 525 fico score, I doubt if you can qualify for a home loan at all. Credit requirements have become quite stringent post sub-prime mortgage crisis. Now, most lenders would not offer you a loan, if your credit score is less than 620.
Hi tmirrer...
With fico score so low, you will not be able to qualify for a loan.... In today's market lenders usually ask for a score of 620... you should work upon improving your score....
With fico score so low, you will not be able to qualify for a loan.... In today's market lenders usually ask for a score of 620... you should work upon improving your score....