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Posted in Mortgage
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Shiekluv

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LOOKING 2 PURCHASE CONDO. NOT SURE WHAT MY FICO # IS, WHAT CAN I DO INCREASE CHANCE OF APPROVAL?
DOES THE FUNDS THAT YOU PUT DOWN WITH THE MORTGAGE COMPANY PLAY A ROLE OF THE FICO #? WHO COULD HELP ME MORE ABOUT CREDIT UNION OR STANDARD BANK AND WHAT ARE SOME SUGGESTIONS TO CONSIDER ?

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your down payment doesnt change your credit score.  It may be dependant upon your credit score, whether you qualify for certain programs with lower down payment amounts.  Your down payment is mainly based on guidelines for investors (investor credit score requirements, LTV, etc).  What state are you looking to buy in?

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