Michelle, the answer is yes assuming that you meet other criteria for income, debt-to-income, assets. work history etc. But you will not qualify under the most favorable terms. FHA will insure mortgages for buyers with lower scores than yours, but almost all lenders will require 10% down instead of 3.5%, limit gift money and seller contribution toward your closing costs and charge a higher interest rate.
Generally speaking, the higher your FICO, the better your options. But 640 is the minimum mid score that most lenders require for FHA under favorable terms. You may be surprised to learn that you can see dramatic improvements in your credit scores in as little as 30-45 days in some cases. I've worked with many buyers over the last 6 years who started with low credit scores and later became successful homeowners by following my free guidance. I would welcome an opportunity to help you do the same. For more info, call me directly at 917.699.0183 or email email@example.com.
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Senior Mortgage Banker
The Federal Savings Bank
Direct Lender. All 50 States... more
Short Refinance,Short pay Loan modification Short sales
Many more lenders are accepting Short refinance. We are providing a free pre qualification to all our customers. From the day we get the file we will start the process. No holding the file we have the staff and the experience to get it done as soon as possible.You will receive a tracking number once we receive the file. Status
Many loan modification you can tell right from the beginning if it can be done or not.Right from the beginning we will let you know if it can be done or not. You will receive a tracking number once we receive the file.Status
Once we receive the file we will work on it from the day we receive it . And if there is anything missing in the file we will contact you immediately. We understand that closing the files its very important.You will receive a tracking number once we receive the file.
The file will be assigned to a processor immediately. You will receive a tracking number.
if you have any questions please feel free to contact me at 1-866-570-4040... more