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Can you get a mortgage loan with a credit score of 572 with 10 percent down?
Wiki User
∙ 17y ago
Yes, you should be able to. You could possibly qualify for a FHA loan which doesn't put all of the weight of the file on credit scores OR you can look into obtaining a non-conforming loan with a non-conforming lender. Your main stream lenders also offer these type products. Be aware that there is a very good chance that you will have a higher interest rate.
Wiki User
∙ 17y ago
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Can you get a mortgage to purchace a 395000 condo if you put 30 percent down but have a 577 credit score?
can i get a loan to purchace a 395,000 home if i put 30 percent down but have 577 credit score
Can you get a mortgage with a credit score of 603?
It is possible to get a mortgage with a score of 603. However, the interest rate and down payment terms may be very difficult to manage.
How many points does your credit score go down if you miss a mortgage payment?
A recent late payment can drop your credit score about 60 points.
My Credit score is 764 what rate should I expect to be getting for a home mortgage with no money down or can I even qualify for such a loan?
I have the exact same credit score but with about $10,000 to put down. How did you do?
Can you get approved for a mortgage with a 651 credit score?
Sure, although you may have to come up with a larger down payment than someone with a credit score of 700.
Can you get a mortgage to purchace a 395000 condo if you put 30 percent down but have a 577 credit score?
can i get a loan to purchace a 395,000 home if i put 30 percent down but have 577 credit score
Can you get a mortgage with a credit score of 603?
It is possible to get a mortgage with a score of 603. However, the interest rate and down payment terms may be very difficult to manage.
How many points does your credit score go down if you miss a mortgage payment?
A recent late payment can drop your credit score about 60 points.
My Credit score is 764 what rate should I expect to be getting for a home mortgage with no money down or can I even qualify for such a loan?
I have the exact same credit score but with about $10,000 to put down. How did you do?
Can you get approved for a mortgage with a 651 credit score?
Sure, although you may have to come up with a larger down payment than someone with a credit score of 700.
Can you get a mortgage if you have about a 600 FICO score and your wife has around a 650 score?
If your credit score is low, your down payment could be increased to compensate for it. Your credit score, yearly income, past repayment history all factor in to a loan acceptance.
What is the advantage of getting FHA mortgage rate for a home?
The advantage of getting an FHA mortgage rate on one's home is that one does not need a perfect credit score. One is also able to put down a low deposit, sometimes as low as 3 percent.
Can you get a mortgage with no money down and a credit score of 615?
It's highly unlikely. You may be able to qualify for a HUD loan with little money down.
Should you be concerned if your mortgage is not showing up on your credit report?
You should contact you mortgage company. B/C if your paying a mortgage on time your credit score will improve greatly. And it may cause you problems down the road when you want to refi or buy another home.
Is a credit score of 697 good enough to get a mortgage?
Generally, FHA credit score requirement is 620-640, and 660 for a conventional loan, so yes. The rest depends on your income, debt to income ratio, and down payment.
What can bring down your credit score?
you credit score will go down if you are not paying your monthly bills on time, in order for you to increase your credit score you have to pay your credit bills on time or in full.
Does your credit score go down if you renegotiate a mortgage loan?
Whenever you take a loan out or have someone view it, your score does go down. If you have received your new loan though, you don't care. It should go back to the norm shortly.
