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My credit is in the 400's, but my ex-husband (we are back together) has a 610 on his. I saw where a 620 is not that bad and would be available for a mortgage, if everything else turned out ok. But with his being 10 points less, would he be able to get a loan? What can we do to make this happen? Any advice would be appreciated.

svromeo00 · Joined: 30 Oct 2009 Posts: 17 4.61 Dollars($)

Well his best bet would be to try for a USDA loan. There minimum required score is a 620. You may be approved with a 610...but he would have to have a credit waiver and also very strong other determining factors to be approved with lower then 620. You would not be able to be on the home loan with your score being in the 400s. So if his credit is 610...he needs to have steady income, no late payments within a year, Job stability. Assets are not required through the USDA..but with his score being lower then the min. it would be a plus.

eric1 · Posted: Mon Nov 16, 2009 6:23 am Post subject:

Your husband can probably get a loan with the 610 score but he will have to qualify on his own. Meaning...just with his income.

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