Robert Reeves, Home Buyer in Canton, OH

bad credit mortgage financing

Asked by Robert Reeves, Canton, OH Mon Oct 14, 2013

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There are certain lenders who can do FHA for buyers with less than 580 score. If you are interested in receiving the name of the one i know, drop me a line at TINA@ELITEREALTYMI.COM. However, be prepared that they may require a higher downpayment and possibly a slight higher interest.
1 vote Thank Flag Link Fri Jan 17, 2014
This all depends on how bad the credit is. Typically 580 is required for FHA financing and 620 for conventional financing; unless the bank is writing the loan through a portfolio product.
0 votes Thank Flag Link Tue Oct 15, 2013
There are certain lenders who can do FHA for buyers with less than 580 score. If you are interested in receiving the name of the one i know, drop me a line at TINA@ELITEREALTYMI.COM. However, be prepared that they may require a higher downpayment and possibly a slight higher interest.
Flag Fri Jan 17, 2014
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