FHA 620 Credit Score Program
Most lenders offer the FHA 3.5% down payment program with a 640 to 660 credit score but now we offer the FHA program with only a 620 low score credit score requirement. There are a couple of additional guidelines you must meet to qualify for this program: (1) No late pays on the rent payments in last 12 months. (2) No judgements, collections, or charge-offs, other than medical, within the most recent 24 months. The FHA 620 Credit Score Loan Program may work for you if your credit is not so great but you will need to contact a loan officer 3 to 6 months prior to buying a home to determine if you are qualified for the program and to go over the requirements to get your loan approved through underwriting. Contact us at firstname.lastname@example.org for more information about this program or get pre-approved today for this great first time home buyer program.