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is it possible in texas to get a mobile home loan with a fico ascore of 525.

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Icon Mini Profile tmirrer10





Joined: 30 Jul 2009

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Post Posted: Thu Jul 30, 2009 4:50 pm    Post subject: is it possible in texas to get a mobile home loan with a fic
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How much would you have to put down to obtain a mobile home loan with a 525 fico score
Icon Mini Profile jenkin7
jenkin7




Joined: 04 Jun 2007

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Location: Hawaii
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Post Posted: Fri Jul 31, 2009 1:25 am    Post subject:
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Hi tmirrer,

With a credit of only 525 fico score, I doubt if you can qualify for a home loan at all. Credit requirements have become quite stringent post sub-prime mortgage crisis. Now, most lenders would not offer you a loan, if your credit score is less than 620.
Icon Mini Profile kbkevin2009





Joined: 28 Jul 2009

Posts: 68

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Post Posted: Fri Jul 31, 2009 2:08 am    Post subject: hii
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Hi tmirrer...

With fico score so low, you will not be able to qualify for a loan.... In today's market lenders usually ask for a score of 620... you should work upon improving your score....
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