CAN I GET APPROVED BY THE BANK, WITH LOW CREDIT BUT 10% DOWN PAYMENT FOR A HOME LOAN OF 80,000 AND LOW RATES?

Luis
Home Buyer
Lehigh Acres, FL

RATES

Answers (3)
Cookie Maldonado
Mortgage Broker
or Lender

Fort Myers, FL

Hi Luis, It really depends on your how low is your credit score. Min. credit score 620. Please feel free to contact me with further questions.
Warmest Regards.

Mon Jul 13 2009, 10:45
SARAH GARRETT
Agent
Fort Myers, FL

Hi Luis, Please contact cblairbennett@firstcaplend.com and also go to http://www.floridaloansolutions.com and get started on getting financing for your future piece of paradise in SW Florida. I hope you will allow me to assist you finding the right property when your pre-approval letter is in order. Go to http://www.swfloridahomebuyer.listingbook.com to begin shopping. You can ask me questions as you find properties that interest you. Happy to help.

Sarah Garrett, Realtor
ALLIANCE REALTY GROUP
"Chosen Best in Client Satisfaction 2006-2008"
By Gulfshore Life Magazine
sarahgarrett@argfl.com
239-464-8620

Wed Apr 22 2009, 12:02
R.W. Ahlstrom
Mortgage Broker
or Lender

Novato, CA
FIRST ANSWER

FHA requires at least a 620 fico to get approved. at 80k you can expect to pay at least 3 to 4 points to the lender or broker, depending where you take your business.

Wed Apr 22 2009, 08:23

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