What is the minnimum credit score for a 500K construction loan with 20% down. My FICO is 700. Just trying to see where I will stack up for this loan

Snowhound
Snowhound
Other/Just Looking
Columbia, SC

Sun Oct 25 2009, 07:44 - Financing in Columbia - 2 answers
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Howard Rose III
Howard Rose III
Agent
Blythewood, SC

Snowhound,

While each Bank/Lender may have different requirements the ideal minimum credit score for any loan is 620.
Again, if I can assist you in any way please feel free to contact me at anytime.

Your Real Estate Professional

Howard Rose III Army (Retired) Realtor
Keller Williams Realty
4400 St. Andrews Rd., #A
Columbia, SC 29210
803-800-4448
803-767-7219
803-772-5858
hrose@kw.com http://www.homeswithhoward.com

Web Reference: http://www.schomesinthemidlands.com
Sun Oct 25 2009, 09:15
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Howard Rose III
Howard Rose III
Agent
Blythewood, SC
FIRST ANSWER

Snowhound,

While each Bank/Lender may have different requirements the ideal minimum credit score for any loan is 620.
Again, if I can assist you in any way please feel free to contact me at anytime.

Your Real Estate Professional

Howard Rose III Army (Retired) Realtor
Keller Williams Realty
4400 St. Andrews Rd., #A
Columbia, SC 29210
803-800-4448
803-767-7219
803-772-5858
hrose@kw.com http://www.homeswithhoward.com

Web Reference: http://www.schomesinthemidlands.com
Sun Oct 25 2009, 09:15
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