what is the min. credit score to have to get approved for a FHA loan? is it just lending tree that sets the?

Leticia Amedee
Leticia Amedee
Home Buyer
70364

bar realatively high?

Fri Feb 27 2009, 09:12 - Home Buying in Thibodaux - 2 answers
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Viktor
Viktor
Agent
Dallas, TX

Dear Leticia,

The HUD administration does not have a minimum requirement for a credit score. Each lender set their own requirements. Usually the minimum score is 580, but many lenders began to require 620. I would not recommend using online lender, many times you could have problems with them on closing day. I have a couple of good lenders that could help you to get pre-approved for a lone. Please feel free to contact me any time.

Regards,

Viktor Taushanov
Realtor
William Davis Realty
214-697-6797 Cell
http://www.planorealty.blogspot.com
Viktor.RealtyBG@gmail.com

Web Reference: http://planorealestateadvisor.com
Fri Feb 27 2009, 20:17
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Ian Cockburn, S...
Ian Cockburn, S...
Agent
70119
FIRST ANSWER

To get a loan requires SEVERAL factors, with credit score being just one of them.
Find a local lender before you start doing the "lending tree" online thing. You need a solid basis of what is there right now, and what is getting ready to change very soon.

Web Reference: http://iansellsnola.com
Fri Feb 27 2009, 20:07
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