Credit Score in the mid 500's? Refinancing or Purchasing Can Be an Option

By
Mortgage and Lending with C2 Financial Corporation

Its still possible to consolidate debt through a FHA cashout refinance. As long as you don't exceed 15% equity on your home. Even with mortgage lates as long as we receive an approval through AUS (automated underwriting system) In addition, you can purchase with a minimum of 10% downpayment with a 550 FICO score. 

 

Best,

Shawn Sidhu

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