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qualify?

Posted on: 13th Jul, 2009 05:37 pm
Can i qualify for a mortgage with a score of 590.
Hi, With a score of 590 no you will not get a loan with a score of that. FHA loans require atleast 620 fico score.
Posted on: 13th Jul, 2009 05:39 pm
Hi, Yes thats correct you will not be able to get a loan with a score of 590. Bump it up to 620 then you should be able to qualify for a FHA loan.
Posted on: 13th Jul, 2009 05:41 pm
hello gary im new here its nice to participate in these forums and its really nice to meet you.
Posted on: 13th Jul, 2009 05:42 pm
Hi Maria, Its very nice to meet you as well. Yes these forums are amazing and the people here are great. Hope you enjoy here on the forums.
Posted on: 13th Jul, 2009 05:44 pm
yes you can get a loan with a score like that at a good rate too. i can help
Posted on: 13th Jul, 2009 05:45 pm
Hi joejoe, I find it very hard to believe you can help someone out with a score of 590 and get them a good rate on the loan. If he can get his score to 620 or above then it will open a lot of doors and options.
Posted on: 13th Jul, 2009 05:48 pm
Yes 620 will atleast let him apply for an FHA loan.
Posted on: 13th Jul, 2009 05:49 pm
nice to see a budding friendship emerge...joejoe might have some broker contact that will allow for a loan at a 590 score. we've seen tons of references to borrowers qualifying with scores below 620. who? why? where? i sure don't know, but i suppose they exist somewhere.
Posted on: 14th Jul, 2009 08:13 am
you will not be able to get a mortgage loan for a credit score of 590... you should try to increase your credit score above 620, so that you can apply for FHA loans.......

All the best.... :)
Posted on: 29th Jul, 2009 03:00 am
Yes there are a couple of lenders who will work with that score. Not many...but they are out there.
Posted on: 30th Jul, 2009 06:37 pm
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