We have received the approval on an FHA loan today with < 620 credit score! This is excellent news because many lenders are requiring a 620 credit score while we are still able to go down to a 580 credit score on our FHA loan products. That means that we can offer assistance to more buyers and help them achieve the homeownership dream. The best part is that we had very few conditions after the initial underwriting and we will be able to make the closing date on time! If you know someone that has been told "no" by another mortgage professional please tell them to not give up and that there could be another option. We would love to help them!
Brad
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