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If someone has a mid FICO score of 680 and a 7 year old judgment can they qualify for a mortgage at a good rate?
Wiki User
∙ 8y ago
As long as the judgement isn't against the home and has no affect on the title then yes. If the judgement if for something like property taxes then you'd have to pay that off.
Some lenders will ignore judgements over 2 years old, as well as collections and charge-offs, as long as the lien does not affect the title.
Wiki User
∙ 8y ago
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Can you qualify for a mortgage with a fico score of 567?
It is hard to qualify for a mortgage with a Fico score of 567. Most lenders, including FHA, require individuals to have a minimum Fico score of 580 to qualify for a mortgage.
What effect does a credit score have on a mortgage?
The credit score can effect mortgage rates in a lot of differnt ways. If someone has a high credit score he get a lower mortgage rate and if someone has a low credit score he gets a higher mortgage rate.
What is the average expected credit score to receive a mortgage loan?
There is not an average expected credit score to receive a mortgage loan. You may have a low credit score, and an high income and still be able to qualify. Loans are not just based on credit score.
How does someone qualify for Hertz gold?
Anyone can just about qualify for Hertz gold. the only factor that there is in this, is that you have to have a good credit score. Without a good credit score, you do not qualify.
How can one qualify for the cheapest mortgage rates?
Having a good credit score is important for getting cheap mortgage rates. One can request their own credit score and show it to potential lenders; this is superior to having lenders request one's credit score, which can affect the score.
Can you qualify for a mortgage with a fico score of 567?
It is hard to qualify for a mortgage with a Fico score of 567. Most lenders, including FHA, require individuals to have a minimum Fico score of 580 to qualify for a mortgage.
What effect does a credit score have on a mortgage?
The credit score can effect mortgage rates in a lot of differnt ways. If someone has a high credit score he get a lower mortgage rate and if someone has a low credit score he gets a higher mortgage rate.
What is the average expected credit score to receive a mortgage loan?
There is not an average expected credit score to receive a mortgage loan. You may have a low credit score, and an high income and still be able to qualify. Loans are not just based on credit score.
How does someone qualify for Hertz gold?
Anyone can just about qualify for Hertz gold. the only factor that there is in this, is that you have to have a good credit score. Without a good credit score, you do not qualify.
How can one qualify for the cheapest mortgage rates?
Having a good credit score is important for getting cheap mortgage rates. One can request their own credit score and show it to potential lenders; this is superior to having lenders request one's credit score, which can affect the score.
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.
How does it affect your chances of getting a mortgage if you are the cosigner for someone's apartment?
It should not affect your chances at all unless the payments are delinquent and end up affecting your credit score. Your credit score is the first the lenders look at when decided what type of loan you qualify for.
Can you get a new mortgage after you pay off the lien on the house?
Generally yes, if you qualify as to your ability to pay and your credit score and if there is equity in the property.
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?
What credit score is required for a bank of america mortgage loan?
I found on several websites where there were FAQ, they would say there is no minimum credit score required. It all depends on the loan manager as to if you qualify.
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.
Can you get a good mortgage rate with a FICO score of 686?
FICO score for mortgageDepends on your definition of "good". You can get a mortgage with 686 score. FICO score over 720 will get you the best mortgage rate.
