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Is it possible to obtain a home loan if your credit score is in the low 500 range if the home is 380k and you have 76K as a down payment?
Wiki User
∙ 14y ago
Some banks may take that risk, with that much money down, do not use the one's on the TV you are asking for trouble if you do not pay them, Banks seldom want to foreclose, but I can't see them passing up that much of a downpayment. It don't hurt to try.
Wiki User
∙ 14y ago
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Is 860 a good credit score?
the range is 300 to 850. how can 860 be obtain.
How to obtain a 950 credit score?
Rather impossible ... the range generally goes from 300 to 850
Is a credit score in the 620 range good or bad?
650 is considered reasonably good, but some lenders will be reluctant as to terms and amounts of credit lines, as the consumer would be considered a possible risk. Any score below 650 is considered a definite risk, which does not mean the consumer cannot obtain credit, but it can be difficult. The terms of any agreement will not be "borrower friendly" mening high interest and penalties. and a very limited credit amount.
What does a credit score of 652 mean?
It means that you are in the "fair range" Credit that is considered to be good is usually above 700. The highest possible credit score is 850. So the closer you are to 850, the better off you are.
What is a good debt to credit ratio?
If you are referring to applying for a mortgage loan the following are good guidelines: proposed monthly payment divided into gross monthly income should range around 32% or less; total monthly obligations (not utilities) plus proposed monthly mortgage payment divided into gross monthly income should range around 41% or less. Of course, there are always deviations to these ratios i.e. the borrowers assets and / or credit score ratings.
Is 860 a good credit score?
the range is 300 to 850. how can 860 be obtain.
How to obtain a 950 credit score?
Rather impossible ... the range generally goes from 300 to 850
What payment options does the FTD Flower Shop offer?
The FTD Flower shop overs a range of payment options. The payment options offered include Paypal, Bill Me Later and major credit cards such as Visa, Discover and MasterCard.
How expensive is the Ferrari 360 Modena down payment?
Buying a new car can be very exciting and very expensive. The down payment for a car is dependent on the buyers credit, how they are planning on financing, and the lot in which the car is bought. A down payment for a car can range from $50 to $2-$3,000.
What does a credit score of 652 mean?
It means that you are in the "fair range" Credit that is considered to be good is usually above 700. The highest possible credit score is 850. So the closer you are to 850, the better off you are.
Is a credit score in the 620 range good or bad?
650 is considered reasonably good, but some lenders will be reluctant as to terms and amounts of credit lines, as the consumer would be considered a possible risk. Any score below 650 is considered a definite risk, which does not mean the consumer cannot obtain credit, but it can be difficult. The terms of any agreement will not be "borrower friendly" mening high interest and penalties. and a very limited credit amount.
What is a good debt to credit ratio?
If you are referring to applying for a mortgage loan the following are good guidelines: proposed monthly payment divided into gross monthly income should range around 32% or less; total monthly obligations (not utilities) plus proposed monthly mortgage payment divided into gross monthly income should range around 41% or less. Of course, there are always deviations to these ratios i.e. the borrowers assets and / or credit score ratings.
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Researching to find where one can obtain toy robotic kits for kids has provided a range of options. These can be purchased online at Overstock, Amazon and Ebay. These can also be purchased at a LEGO shop.
What is a good range for a credit score?
Good credit score ranges between 680- 750 and above this range credit score is considered excellent. Check your credit score regularly to get an idea about your credit score regularly.
What is a normal credit score?
a normal credit score is in the range of 700
What is the standard equation for finding range?
What sort of range-distance of an object, range of a plane, range of possible values, are all possible.
Is a 658 credit score ranked as fair or good?
Before answering this question, you need to apply the proper credit score range, which for Fico is 300-850 and for VantageScore, is 501-990. We'll assume you're referring to Fico, as it's the most commonly used credit score out there. A 658 credit score would be defined as below-average credit, or perhaps fair. It's certainly not good, as credit scores upwards of 660 are only average. If your credit score is in this range, you probably have a late payment or two, as well as high balances. The best way to improve your credit score is to pay off high balances, make on-time payments, and apply for new credit sparingly.
