Hello Mike, you would need a minimum 500 fico score to qualify for FHA financing. Do you want cash out or just rate and term refinance?
Your qualifications will be determined by your credit profile, debt to income ratios, fico scores, loan program and LTV. Your fico scores can be raised within 3-4 days in most cases to qualify for programs, rates and terms as necessary.
Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
Veteran & VA/CalVet Loan Specialist
REO & Short Sale Specialist
Credit Repair At No Cost
ALL Loan Programs Available
24+ Years Experience