Home Buying in 07502>Question Details

Enrique Mend…, Home Buyer in Paterson, NJ

i have a 633 credit score can i get a fha loan

Asked by Enrique Mendoza, Paterson, NJ Fri Apr 12, 2013

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Joseph S. Cordova’s answer
We are local here in NJ, and yes you can qualify for an FHA mortgage with that score. We do a credit analysis with our clients to see if there are actions we can take to improve that score so you get the best rate possible. Little items like decreasing the balance on a credit card can greatly increase your score. Feel free to reach out to me. Best of luck!

Joseph S. Cordova NMLS# 146855
Evesham Mortgage, LLC
22 South Maple Avenue
Marlton, NJ 08053
office: (856) 985-9944 ext. 103
direct fax: (206) 333-0946
cell: (856) 304-2381
http://www.joecordova.com
jcordova@eveshammortgage.com
0 votes Thank Flag Link Sat Apr 13, 2013
Yes FHA loans require a 580 score, Conventional require a 620.. I recommend The Lenders Network, they can refer you to an agent to help you find a home and a Lender or two that can get you pre approved.

Good Luck!
2 votes Thank Flag Link Sat Sep 28, 2013
If u have a 633 score you don't need an FHA loan.
Clifton Savings Bank can help u buy a 1 family home for 5% down
Or you can buy a 2 family home with 10% down

Please call Francisco Mayol 1-917-547-9298
Clifton Savings Bank
4 Brighton Rd
Clifton NJ 07012
NMLS #780734

You just need a good job for the last couple of years
If you are 1st time home buyer you get reduced closing. Costs & lower rate on mortga

Call me for more info
0 votes Thank Flag Link Sat Aug 10, 2013
There are other factors that need to be evaluated in order to determine whether or not you qualify for a mortgage, Credit score is only one factor, and a 633 score doesn't necessarily stop you from qualifying assuming all other areas of your file meet guidelines. FHA min. score requirements are 580. Speaking with a qualified mortgage professional (one is licensed and trained) is advisable and I would certainly being willing to discuss it with you. Please visit my profile, I am the owner of 7th Level Mortgage, an FHA Delegated Underwriter and licensed Mortgage Loan Officer.

Anthony M. Piccone
President
7th Level Mortgage, LLC
0 votes Thank Flag Link Sat Jun 22, 2013
Hi Enrique as long as you pay all your bills on time Clifton Savings Bank may be able to help you

I need to know your job information, how much income you make


Call Francisco Mayol Clifton Savings Bank 1-917-547-9298
0 votes Thank Flag Link Wed Jun 12, 2013
As long as you have a great job & income I can help you get a loan in New Jersey

I am a Loan Officer at Clifton Savings Bank, a small community bank

We do not Deny people because of Credit Score

Call me Francisco 1-917-547-9298
0 votes Thank Flag Link Thu May 23, 2013
The required is 650 . You are so close. There may be some items on your credit report
that can be removed if they are incorrect or items that have been paid and still show up
on your report.
0 votes Thank Flag Link Sat Apr 13, 2013
You are too close to the credit score FHA requires.

Consult a local loan officer to help you in the process.

Best of Luck.
0 votes Thank Flag Link Sat Apr 13, 2013
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