smithsussane

Joined: 18 Sep 2008
Posts: 3727 Location: Alaska
559.70 Dollars($)
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Posted: Sat Nov 07, 2009 12:36 am Post subject: |
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Hi lasandraoliver!
Welcome to forums!
Though you are planning to give a huge down payment, I don't think it would be easy for you to get approved for a loan. FHA loans are available at a credit score of 620. There may be some lenders who can give you a loan with a score of 536 but they may charge you higher interest rates. In my opinion, you should take steps to improve your credit score first and then look out for loans.
Feel free to ask if you've further queries.
Sussane |
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