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Can you get a home loan with a 640 credit score and 2 charge offs?
Wiki User
∙ 15y ago
Yes, you can get a mortgage with a 640 credit score and four charge offs. Obviously, the better debt to income ratio, better credit score, and fewer negatives all help in securing the best loan possible for your situation.
Wiki User
∙ 15y ago
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Can you get a home depot project loan with a credit score of 620?
It is possible to get a Home Depot project loan with a credit score of 620. Home Depot will pull a credit report to determine eligibility of a credit loan.
What is the average credit score needed for a home loan?
The average credit score need to purchase a home is 620.
Your credit score is now 530 Can you get a home loan?
No
What type of home loan can you get with a credit score of 725?
With a credit score of 725 you can do any kind of home loan. Buy, refinance, do a 1st or a 2nd, 100%, no income no assets etc.
What is the perfect credit score in order to get a home loan?
A "credit score" is one of the major factors that a mortgage lender will review as to whether or not the individual will receive the opportunity to acquire a mortgage/home loan. The minimum/acceptable credit score is 650. 650 will allow the opportunity to a chance of acquiring a mortgage/home loan.
Can you get a home depot project loan with a credit score of 620?
It is possible to get a Home Depot project loan with a credit score of 620. Home Depot will pull a credit report to determine eligibility of a credit loan.
What should my credit score be to get a home loan?
The higher the credit score you have, the better chance of being approved for a home loan. You may still get a home loan on a lower score, but the payments and interest will be higher.
What is the average credit score needed for a home loan?
The average credit score need to purchase a home is 620.
Your credit score is now 530 Can you get a home loan?
No
What type of home loan can you get with a credit score of 725?
With a credit score of 725 you can do any kind of home loan. Buy, refinance, do a 1st or a 2nd, 100%, no income no assets etc.
What is the perfect credit score in order to get a home loan?
A "credit score" is one of the major factors that a mortgage lender will review as to whether or not the individual will receive the opportunity to acquire a mortgage/home loan. The minimum/acceptable credit score is 650. 650 will allow the opportunity to a chance of acquiring a mortgage/home loan.
Does home loan modification effect your credit score?
No. Neither requesting, nor receiving, a home loan modification of your mortgage will have any impact whatsoever on your FICO, or credit score. Making payments on time affects your credit score. See more:
What is the lowest credit score to qualify for a home loan?
You need at least a credit score of 660 to qualify for a home loan For a FHA refinance or purchase the minimum credit score is 620. There are some lenders that will go down to a 580 credit but it just depends on some other factors such as debt to income, loan to value, etc. Veronica Rodrigues Voyage Home Loans
Is obtaining either a home equity loan or a home equity line of credit based on your credit score?
I cannot think of any time when borrowing money that credit is not a considerable factor. So, yes, your credit score is a factor when borrowing money for either a home equity loan or a home equity line of credit.
When buying a house, will a loan company tell you your credit score?
Any type of loan company you talk to will be able to let you know your credit score. As long as you have a really good credit score you should have no problem getting a second home.
what is the minimum credit score for an FHA home mortgage?
If you have some credit then you will typically need a minimum middle credit score of 580 to qualify for a FHA loan.
What credit score range should you be in to get a home loan in todays market?
720
