Credit Cards Center Credit cards from our partners
Reply
Valued Member
Posts: 40
Registered: ‎01-10-2008
0

5% DOWN Loan with Chase Bank? What FICO scores are needed?

Tomorrow we hope to get pre-approved for a first time home buyer mortgage with Chase Bank. Today, our credit union pulled our scores and they were 5 points away from being approved. Chase has agreed to pre-approve us using the scores from the credit union. The LO from Chase said she couldn't tell us what the FICO requirements are , for they look at the whole picture. Does anyone have experience with this bank and this type of program? Thanks
Valued Member
Posts: 40
Registered: ‎01-10-2008
0

Re: 5% DOWN Loan with Chase Bank? What FICO scores are needed?

BUMP
Super Contributor
Posts: 7,544
Registered: ‎07-03-2007
0

Re: 5% DOWN Loan with Chase Bank? What FICO scores are needed?



moneybags wrote:
 Does anyone have experience with this bank and this type of program? Thanks


i sell loans to them under fannie mae guidelines. not familiar with their retail.
 
* While I try to visit the forum often, please feel free to contact me directly with a link to your post if I fail to answer a follow up question.

* Lending across the entire 'Great State of Texas' (and now Louisiana)since 2004

* The Loan Officer who you can call anytime... and answers your questions Nights & Weekends

Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.