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What is the minimum credit score required to process a Mortgage Application?

What is the minimum credit score required to process a Mortgage Application?

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تم إضافة السؤال من قبل Nitin Johri , Analyst , British Telecom Global services ltd
تاريخ النشر: 2016/12/18
KULVINDER S SAINI
من قبل KULVINDER S SAINI , Business Process Associate Manager , Accenture Services Ltd

Well that depends what kind of loan are you going for...There are FHA programs in US which consider the scores as low as 580. Ideal score is 680.

if you go for private money, they may not even consider score, You can get lending purely on Loan to Value and Debt to Income.

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