Quicken Loans Allows Credit Scores as Low as 580 for FHA While the recent Washington Post article gives borrowers additional insight into what it takes to qualify for an FHA loan, in a sense it’s "old news."
You can qualify with a lower credit score compared to other loans. You can buy a home with a down payment as low as 3.5%. If you already have an FHA loan, you can refinance with FHA Streamline to lower your interest rate. You may qualify even if you’ve had financial difficulties in the past, like a bankruptcy.
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Quicken Loans 580 score requirement. These people doesn’t want to do a pfd, so idk. By the way, he gave me a ball park on what I may get approved for, he put me around $310,000-$350,000 the house I and looking at is being sold for $295,000 currently, only been on the market for 43 days though.
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