Credit Score in Gainesville>Question Details

Blasini1976, Home Buyer in Gainesville, FL

I have a 555 credit score. can i still get a mortgage? And if so about high will my interest rate be?

Asked by Blasini1976, Gainesville, FL Tue Apr 19, 2011

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Wells Fargo is offering loans down to 500 scores, but as Robert said expect to pay between 10-20% down payment as well as some additional criteria.
0 votes Thank Flag Link Tue Apr 19, 2011
Lenders have tightened the ability to get money now. I doubt if you will qualify for an FHA TYPE LOAN. If you do, the down payment requirement will be high, and so will the rate.
0 votes Thank Flag Link Tue Apr 19, 2011
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