Chosen by Asker

No it's actually the lenders who made this change. I have 3 wholesale lenders that will still do FHA loans for people with scores under 600.

Source(s)

I'm a mortgage banker/broker

by Noneya

6 months ago

Asker's Rating: 

You will have to look long and hard to find someone who will take on a 580. Most lenders will tell you to go clean up the credit a bit more, and then try.

by Help Is Here!- 6 months ago

Cash is what it will take -- 10% down!!

by dusty_titus- 6 months ago

FHA has the lowest criteria for credit scores. If you don't qualify for an FHA loan...you will not qualify with any lender. Rental histories do not have an effect on your credit score.

by reenzz- 6 months ago