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fico requirement

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Mariogarcia Joined: 21 Sep 2009 Posts: 1 0.11 Dollars($)	Posted: Mon Sep 21, 2009 11:32 am    Post subject: fico requirement Like 0 Dislike 0 fha requires only a 620?
Teddleson Guest	Posted: Mon Sep 21, 2009 11:39 am    Post subject: FHA REQUIRES ONLY A 620 Like 0 Dislike 0 The credit score requirement for FHA differs from Lender to lender. Most lenders require a minimum credit score of 620. You can still find companies that will lend on sub 620 credit scores. [External link deleted as per forum rules]
jenkin7 Joined: 04 Jun 2007 Posts: 4537 Location: Hawaii 728.43 Dollars($)	Posted: Tue Sep 22, 2009 1:39 am    Post subject: Like 0 Dislike 0 Hi Mariogarcia, It is true that for FHA loans you need to have a FICO score of at least 620. But apart from that, you also need to have a fair credit and good payment history. You should not have had any late payments within the past 12 months and there should not have been a foreclosure or a bankruptcy within the past 2 years.

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