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Construction Loan Approval

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Anonymous
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Construction Loan Approval

Hello, new member here. First time posting. I just had a question about a construction loan. I currently have a My Fico Mortgage scores of Exp 690, Equ 694, Trans 729. I am trying to secure a construction loan for $600,000 with an income of $5,000 per week. Do I need to continue to build scores until I am over 700 on all mortgage models or do you guys think I would be ok being so close to 700 on a typical construction loan requirement. My local cant see me until next week to find out so was just looking for advice..Thanks ahead of time for any input.

 

 

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