New Contributor
Posts: 53
Registered: ‎01-24-2008
Re: Navy Federal Credit Union minimum FICO score for mortgage

We looked at this mortgage option recently too.  The LO at our branch in San Diego didn't give out much info without actually submitting an application, but she did say maximum DTI was 45% or lower, they want to see 6 months of PITI in reserves and above  the low 700's for both mid Ficos.


My mother is refinanced with Navy Fed and their underwriting process is a bear.  We've decided to abandon this loan option and just go with a mortgage broker because of the difficulites she had with a simple refinance.