+1 vote
asked Feb 12, 2018 in General Financing by Steven

1 Answer

0 votes
You can qualify for FHA LOANS with under 580 credit scores and down to 500 FICO with 10% down payment on purchase.  However, you need approve/eligible per Automated Underwriting System Findings.  To get an approve/eligible per AUS FINDINGS, you need no late payments on any debt payments for past 12 months.  Judgments is allowed with 3 months of seasoned payments with written payment agreements from judgment creditor.

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answered Feb 12, 2018 by GustanCho (106,540 points)
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