There are two types of mortgage guidelines. Minimum federal minimum mortgage guidelines by FHA, VA, USDA or Fannie Mae and Freddie Mac. Second types of mortgage requirements are lender overlays. Mortgage Lender Overlays are mortgage guidelines above and beyond those of FHA. FHA requires 580 credit scores to qualify for FHA LOANS. However many lenders can require higher credit score requirements. The Gustan Cho Team at USA MORTGAGE a Division of DAS ACQUISITION COMPANY NMLS 227262 has zero lender overlays on government and conventional loans. Unfortunately I am not licensed in in the state of New York. If you Google FHA LENDERS WITH NO OVERLAYS you can find a few FHA LENDERS with no overlays on credit scores.
Gustan Cho NMLS 873293
The Gustan Cho Team at USA MORTGAGE
A Division of DAS ACQUISITION COMPANY NMLS 227262
Direct Lender With No Overlays On Government Loans