Please let me know if you are still looking to get prequalified. We work with lenders that allow for scores as low as 580! Please visit our website http://www.smartmortgageinc.com or email me at firstname.lastname@example.org for more information.
I look forward to working with you!
Smart Mortgage Center
Our minimum score required is 600. The down payment is still only 3.5%, and it can be a gift from a family member if you do not have any money saved up. We do have some rules regarding your credit history which you'll have to meet in order to qualify. I have about 5 or 6 simple questions to ask, so if you'd like to contact me I can have an answer for you in only a few minutes. A full pre-approval will require documentation from you, but let's do step1 before proceeding to step 2. Thanks.
Coldwell Banker Home Loans provides mortgages directly to buyers. Our Loan Officer here stated that for credit scores between 500 to 599 a borrower(s) might qualify with a FHA loan but you will be required to have 10% down payment and the funds must be of your own savings. NO Gift funds are allowed. Also, the borrow must have 2 months of reserves. For credit scores 600 to 612 the borrower(s) will use a FHA loan with 3.5% down and Gift Funds are allowed.
I'm an experienced real estate agent and I work in the South Chicagoland area. I'd be happy to work with you. Please contact me if you would like to discuss further opportunities at 708-922-4165 or better email@example.com.
Thanks For Your Inquiry;
Typically lenders want a 620 middle score, but a 640 or higher will give you more options. I would recommend repairing your scores before looking to buy. You're not that far off and to be honest, the better your scores the less hassle you will have in underwriting. if you have any questions please feel free to contact me me and I will be more than happy to guide you to a good credit repair company.
You are best to visit a mortgage banker or financial institution that will actually underwrite the loan not a middle person such as a mortgage broker. There are many other factors that can inpact lending decisions.
Bonnie Chernin and David Rogoff
Fillmore Real Estate Branch #19
2926 Avenue J
Brooklyn NY 11210
917-593-4068 â€“ David mobile
646-318-5031 â€“ Bonnie mobile
firstname.lastname@example.org â€“ E-mail
I'm a lender in Chicago and an expert in FHA. Call me or visit my website for a free pre-approval. I have a couple programs for you.
Senior Vice President- FHA Specialist
The bigger question is where did you get your scores from. Unless a mortgage person pulled your scores, what you have is meaningless. The scores you get from freecreditreport.com, annualcreditreport.com, and the like are not accurate because they use a different scale than the ones used by the credit bureaus for lenders. If you obtained your credit scores from ny of these sources, your true scores are likely even lower.
Your best option is to contact a lender, go through the preapproval process, and follow his or her advice if your scores are not high enough or you don't qualify for other reasons.
Senior Loan Originator
NMLS #: 222407
You can reach out to me through my profile.
Best of luck!