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620 credit score: So you think you can't qualify for a loan? Think again! - 08/18/10 03:33 PM
After the proverbial real estate bubble popped, the fed and the banks restricted loans to such a degree only those with high credit scores could hope to purchase a home.  Things have changed, but it seems that most people are unaware of the changes.  
Currently one of the easiest loans to qualify for are FHA loans require a minimum of a 620 score, less than 5% down ( currently at 3.5% ), steady employment for the last 2 years with equal or increasing pay and the new payment shouldn't exceed 30% of your gross income. 
The FHA has increased two … (0 comments)

 
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Sean Schroeder Virginia Beach Property manager

Virginia Beach, VA

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Realty Executives

Address: 927 North Battlefield Bld , Chesapeake, VA, 23320

Office Phone: (757) 839-3954

Cell Phone: 75839 395

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New homes for sale in Virginia Beach, Chesapeake, and Hampton roads as well as local real estate trends. If you have a client how is moving to the Hampton roads area (Virginia Beach, Chesapeake or Norfolk) Please contact me regarding referrals.


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