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Posted in Mortgage
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Chelli8827

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Any success in 203k loans?
My credit is not that great..hovering around 610. My fiance has about 640. Our income is good though. Over 5000k a month combined. Im really wanting to purchase a home but afraid of being turned down over credit.
Im also intetested in the 203k loan. Any success stories from people like us? We live and are looking to purchase in northern California.
Thanks for any input!

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Top Contributor
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I don't know anything about the loan you speak of, but I have a few things to say. First understand that most mortgage lenders will use a version of FICO scores, not the scores that you get here, so you should check to see what they are. You should do what you can NOW to improve your credit BEFORE attempting to get a mortgage loan. Many folks believe that there is nothing that they can do to opitimize their credit, but there are many ways to improve your credit, you just have to start reading and asking questions. Also understand that your credit reports are just as important as your credit scores.

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