Home Buying in 21784>Question Details

melissavanhi…, Home Buyer in Chula Vista, CA

looking for a FHA loan with middle credit score of 622. In Howard County MD area. I must close and move by july 15

Asked by melissavanhise, Chula Vista, CA Sun May 19, 2013

I found an ideal forecluse and learned that my credit score needed to be 640 for traditioanl lender. I do not even have time to fix the inaccuracies on my score.

Help the community by answering this question:


If you haven't made any progress I have programs available as low as 580 credit score.
0 votes Thank Flag Link Sat Jun 22, 2013
My program allows credit scores as low as 620. The rules are tighter though below 640 and the rates are higher. Do you have a good local Realtor and what purchase price are you considering?


Brent Mendelson
Senior Loan Officer
1ST Mariner Mortgage
Lending in all 50 states
0 votes Thank Flag Link Mon May 20, 2013
You can get a FHA loan with a 622 score. The 640 score is used as a minimum to be able to sell your loan into the mortgage market.

Greg Myers
RE/MAX Realty Group
0 votes Thank Flag Link Sun May 19, 2013
im from maryland not california
Flag Mon May 20, 2013
so who offers loans with a credit score such as mine
Flag Mon May 20, 2013
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