FHA Credit Score needed to buy
a house or refinance
FHA loan requirements new borrowers with less than a 580 credit score will be required to put down at least 10%
FHA requires a minimum credit score of 500 to buy a home or refinance
Bankruptcy
Chapter 7 Bankruptcy at least two years must have elapsed since the discharge date
Foreclosure
Foreclosure must have been resolved for at least 3 years
Government loan: Seasoning is determined by the date the claim was paid
Loans other than Government: Seasoning is determined by the date of sale the lender sold the property
Short Sale
FHA guidelines requires three year past from the date of sale of the property
What documentation will I need?
- W2's or Personal tax returns for 2 years
- Current pay stubs for the past month
- Bank statements for last 2 months (all pages)
- Clear copy of Driver’s License (front and back)
- Clear copy of SS card (front and back)
Call Now, Our Staff is Available
888-958-4228
Apply Now!
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Sep 28, 23 10:42 AM
FHA Loans - FHA lender below 640 credit score COVID 19 New Jersey een told that you need a minimum credit score to qualify for an FHA loan and you don't qualify? Call us 888-958-5382 or compete our on…
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Sep 28, 23 10:41 AM
FHA Loans - FHA lender below 640 credit score COVID 19 Florida. Have you been told that you need a minimum credit score to qualify for an FHA loan and you don't qualify? Call us 888-958-5382 or compet…
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Sep 28, 23 10:39 AM
COVID 19 Update - FHA below 680 credit score. Have you been told that you need a minimum credit score to qualify for an FHA loan and you don't qualify because your credit score is to low? Our minimum…
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800.516.9166