FHA loans below 580 credit score
Posted on August 23, 2008 - Filed Under Finance | Leave a Comment
Learn why your credit score needs to be as high as possible to get a mortgage.
If you have a credit score below a 580 it might be extremely hard to get a FHA loan in this current lending market. But there are other options when it comes to getting government loan. Even though FHA will insure loans below a 580 credit score the secondary market that buys and sells mortgage paper has set the stage as to what will be bought and sold in this market.
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