Often loan officers get asked the question: "What is a good FHA Credit Score?" Officially from FHA and simply put, a good FHA credit score is any credit score above 500. However, many FHA lenders will not lend you money for an FHA mortgage if your FHA credit score is less than 620. There are some special loan requirements that … [Read more...] about FHA Credit Score – What Is A Good Credit Score For Getting A FHA Mortgage?
fha credit scores
As of October 4, 2010 there were some significant changes to the FHA Home Loan Credit Score requirements for home buyers with less than perfect credit and credit scores less than 620. If you are buying a home using an FHA home loan you will now have to comply with newly implemented credit score requirements. This is a huge … [Read more...] about FHA Home Loan Credit Score Requirement Changes October 2010