Brian Ostrovski Broker BRE#01823602 661-900-6468
680 will be better and should be easy to reach if you already have 677.
In general, the minimum credit score needed, will depend on the kind of loan program you are looking for and your overall loan-to-value ( e.g. if you are buying a house worth 800K with a only 10% down then you will need a 700 minimum credit score)
Feel free to call me for more details.
All California Mortgage
A Division of APMC
P: (415) 464-8261
C: (415) 378-7508
F: (415) 464-2367
NMLS 304353 - BRE 01380701
NMLS # 6395
Financing Kentucky One Home at a Time
I answer questions about financing real estate based on my decades of experience dealing with mortgage underwriters. This answer is my personal opinion, has not been reviewed or approved by the company I work for. I do not offer legal or tax advice, if you need answers from an attorney or CPA find one knowledgeable in your local market.
You should be able to buy with this credit score . if you can enhance your credit score it may be benefit for rate and term.
call us more detail
Mortgage Loan Manager
Your credit score is fine. In addition to your credit score, an underwriter will look at your most recent 12 month payment history, income, your debt-to-income ratio and funds to close.
C2 Financial Corporation
2845 Moorpark Avenue, Suite 209
San Jose, CA 95128
Your credit is perfectly acceptable for both FHA and conventional. Conventional will make oricing adjustments for the credit score below 720 (higher rate).