Ads
related to: minimum credit scores for mortgageHighest Satisfaction for Mortgage Origination, 2010-2017 - J.D. Power
- Verified Approval
Gain Peace of Mind While You Shop
for a New Home!
- Buying a New Home?
Find Out How Much You Can Afford.
Get Started Today!
- Top VA Loan Lender
Don't Waste Your VA Loan Benefits.
Call Us To Take Advantage of Them!
- First Time Home Buyer
Find Out Why 95% of Closed Clients
Would Recommend Us. Start Today!
- Verified Approval
Search results
Results from the WOW.Com Content Network
The minimum credit score by mortgage type. Different types of mortgages tend to have varying minimum credit score requirements. For now, here’s what many lenders require:
Loan Type. Minimum Credit Score. Conventional loans. 620. FHA loans. 500 (with 10% down payment); 580 (with 3.5% down payment) USDA loans. The USDA has no minimum limit, but lenders generally like ...
According to the latest available data from FICO, someone with a 660 credit score would get an average mortgage interest rate of 6.62%, with a monthly payment of $1,382 for a $216,000 30-year ...
The minimum credit score required for a conventional loan is 620, while other mortgages require scores between 500 and 700. A higher credit score usually translates to a lower interest rate.
Loan type. Credit score minimum. Conventional loan. 620 or 660 depending on program. FHA loan. 580 (or 500 with a minimum 10 percent down payment) VA loan
Main Menu. Health
Ads
related to: minimum credit scores for mortgageHighest Satisfaction for Mortgage Origination, 2010-2017 - J.D. Power