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Anyone know where to get FHA mortgage with 600 credit?
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<blockquote data-quote="BusynMember" data-source="post: 255061" data-attributes="member: 1550"><p>In March 2009, things are way different. If your score isn't 620, even for a FHA, you stand little chance of approval. </p><p></p><p>We're going to get the trailer (double-wide). They do their own financing. Meanwhile we can build up our credit and buy a house in a few years. We have simply run out of options. Even the places that used to go down to 580 and up to 620 now---FIRM. I've called all over. It's impossible and disheartening to anyone who wants to buy and isn't at 620. And it doesn't seem to matter WHY your credit score isn't up to par. Underwriters are busy with refinances and people who already are pre-approved. Other people go to the slush pile. I've tried large banks, small lenders, and local people that were recommended to me. Chances are poor.</p></blockquote><p></p>
[QUOTE="BusynMember, post: 255061, member: 1550"] In March 2009, things are way different. If your score isn't 620, even for a FHA, you stand little chance of approval. We're going to get the trailer (double-wide). They do their own financing. Meanwhile we can build up our credit and buy a house in a few years. We have simply run out of options. Even the places that used to go down to 580 and up to 620 now---FIRM. I've called all over. It's impossible and disheartening to anyone who wants to buy and isn't at 620. And it doesn't seem to matter WHY your credit score isn't up to par. Underwriters are busy with refinances and people who already are pre-approved. Other people go to the slush pile. I've tried large banks, small lenders, and local people that were recommended to me. Chances are poor. [/QUOTE]
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Anyone know where to get FHA mortgage with 600 credit?
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