Trulia Voices: CAN I GET APPROVED BY THE BANK, WITH LOW CREDIT BUT 10% DOWN PAYMENT FOR A HOME LOAN OF 80,000 AND LOW RATES?

Trulia Voices: CAN I GET APPROVED BY THE BANK, WITH LOW CREDIT BUT 10% DOWN PAYMENT FOR A HOME LOAN OF 80,000 AND LOW RATES?http://www.trulia.com/voices/Home_Buying/CAN_I_GET_APPROVED_BY_THE_BANK_WITH_LOW_CREDIT_BU-114277RATESen-usAnswer by Cookie Maldonadohttp://www.trulia.com/voices/profile/Real_Estate_Pro-Fort_Myers_FL-667711/http://www.trulia.com/voices/profile/Real_Estate_Pro-Fort_Myers_FL-667711/Hi Luis, It really depends on your how low is your credit score. Min. credit score 620. Please feel free to contact me with further questions. Warmest Regards.Mon, 13 Jul 2009 10:45:27 -0700Answer by SARAH GARRETThttp://www.trulia.com/voices/profile/Real_Estate_Pro-Fort_Myers_FL-321798/http://www.trulia.com/voices/profile/Real_Estate_Pro-Fort_Myers_FL-321798/Hi Luis, Please contact cblairbennett@firstcaplend.com and also go to www.floridaloansolutions.com and get started on getting financing for your future piece of paradise in SW Florida. I hope you will allow me to assist you finding the right property when your pre-approval letter is in order. Go to www.swfloridahomebuyer.listingbook.com to begin shopping. You can ask me questions as you find properties that interest you. Happy to help. Sarah Garrett, Realtor ALLIANCE REALTY GROUP "Chosen Best in Client Satisfaction 2006-2008" By Gulfshore Life Magazine sarahgarrett@argfl.com 239-464-8620Wed, 22 Apr 2009 12:02:30 -0700Answer by R.W. Ahlstromhttp://www.trulia.com/voices/profile/Real_Estate_Pro-Novato_CA-690717/http://www.trulia.com/voices/profile/Real_Estate_Pro-Novato_CA-690717/FHA requires at least a 620 fico to get approved. at 80k you can expect to pay at least 3 to 4 points to the lender or broker, depending where you take your business.Wed, 22 Apr 2009 08:23:32 -0700