Frequent Contributor
Catacam
Posts: 491
Registered: ‎02-06-2012
Re: FHA Mortgage Lenders under a 620 credit score

10% for anything under 580. I closed with 3.5% at 593. The banks do have additional overlays for people with lower score. We had to pay an additional .25% because our score was under 620.

CLOSED ON OUR FIRST HOME MAY 30TH!!!


Starting Score: TU 589 EQ 526 EX603
Current Score: TU 635 EQ 603 EX ??
Goal Score: 750


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