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Posted in Credit Report
I want to buy a home. Can I with a credit score of 588?
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Question By
tcprice

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I own a mortgage company and I haven't been able to find a way for a person with a score much under 620 to get a loan since the election.

Technically FHA will under certain circumstances but I haven't found any set of circumstances that FHA likes. The best bet is to work on getting your credit scores to 620+. It should only take about 2 months.

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Response by
Dogslurp

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How can someone get their score up in 2 months? 

Reply by
computerman71040

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with my experience,I have learned the better the score the better the rate you will pay. As it stands now if you are lucky to get approved you will pay a high premium. I suggest you work on trying to repair you credit first so you can get a better rate.

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countryboys3

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