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Down Payment Assistant

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favors Joined: 17 Apr 2008 Posts: 10 5.09 Dollars($)	Posted: Thu Apr 17, 2008 8:32 am    Post subject: Down Payment Assistant Like 0 Dislike 0 If your score is less than 580 on a FHA loan, can you still use DownPayment assistant?
atulagarwal Joined: 26 Mar 2008 Posts: 10 Location: Jacksonville Florida 5.08 Dollars($)	Posted: Thu Apr 17, 2008 11:09 am    Post subject: Down payment Assistance Like 0 Dislike 0 Most Down payment Assistance programs are not score driven but rather make sure you do not have outstanding deliquincies on your credit. _________________ Atul "Al" Agarwal Mortgage Loan Officer Bank of America 904-962-2000 I like to work with 1st time Home Buyers and specialize in Down payment Assistance as well as FHA/VA. http://mortgage.bankofamerica.com/atulagarwal
chrisburns Community Expert Joined: 13 Nov 2007 Posts: 382 Location: Florida 65.98 Dollars($)	Posted: Thu Apr 17, 2008 11:51 am    Post subject: Like 0 Dislike 0 Yes. There are still lenders out there tha will finance down to 500 FICO or below in special circumstances. The credit score has no bearing on weather or not you can utilize the down payments assistance programs. I guess the short answer is YES! _________________ Chris Burns Five Stars Mortgage, LLC Office: 800-871-2636 ext. 200 Cell: 407-456-3697 Florida Mortgage Five Stars Mortgage On Facebook

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