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changing markets: Consumer Question About FHA Minimum Credit Score Requirements - 03/26/08 10:09 AM
Question from Consumer:
"I am looking for some outside advice that will help me prepare and make suggestions to insure that my FHA mortgage gets approved at closing. I just went under contract and I am set to close on 4/25. I was given a good faith estimate and a pre-qualification, my middle score was 620. On Sat. I checked my scores and they all dropped 50 points or so, now 569 middle. I have no new credit, my debt ratio has shrunk; the only thing was 5 inquires the last 3 weeks for mortgages. (two should not be on, can get … (4 comments)
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changing markets: Consumer Question About FHA Minimum Credit Score Requirements - 03/26/08 10:06 AM
Question from Consumer:
"I am looking for some outside advice that will help me prepare and make suggestions to insure that my FHA mortgage gets approved at closing. I just went under contract and I am set to close on 4/25. I was given a good faith estimate and a pre-qualification, my middle score was 620. On Sat. I checked my scores and they all dropped 50 points or so, now 569 middle. I have no new credit, my debt ratio has shrunk; the only thing was 5 inquires the last 3 weeks for mortgages. (two should not be on, can get … (1 comments)
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Chaz Ramirez
Atlanta,
GA
More about me…
DE Underwriter, Trainer, HUD Title II Approval Consultant
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