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

Valued Member

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
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Valued Member

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

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Super Contributor

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.
 
Retired Lender
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