If Your Credit Score Is Between 620 And 580 You Might Qualify For This Loan...

Good Morning! ...I hope you had a good weekend.



Did you know we still do FHA loans with credit scores down to 580? ...Yes! We do.



We call it our portfolio program, and here are some things you need to be aware of on this program...



1) Your last 12 months of credit needs to be pretty clean. No lates, collections, or charge offs.



2) You must prove you have paid rent on time for the past 12 months. If you pay an individual - you will need to provide 12 months cancelled checks.



3) The back end debt to income ratio is capped at 45%.



4) The rate on this program is higher than if you had above a 620 score.



If you meet these requirements and your credit score is below 620, but above 580 - I can probably help you.



Just give me a call or email me and we can discuss your loan.


Thanks for reading - and have a great day!

Brett