Sci-Fi Housing

Tuesday, June 03, 2008

FHA Below 580 FICO scores

Here we go again with our FHA posts about FICO scores below 620 and below 580. The credit score is important but it is not that important! You must understand that a mortgage loan and particularly an fha mortgage loan can be obtained with a credit score below 580.
Let me repeat that if you are buying a home and your credit score is below a 580, then you are ok with fha as long as you don’t have crummy credit to go along with the 580 credit score. There is more information to uncover about an fha loan with a low credit score. Is your credit score below a 580 FICO? You may be able to get an fha mortgage loan.

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