Brett U: Can I (In today’s market and economy) obtain an FHA loan with a “Fair Credit Score”?
I have, what is considered by FICO is “Fair” (meaning between 530-603) and I was wanting to know if there are still opportunities for an FHA home loan?.
Thank you everyone for answering, I really appreciate it.
Sorry for the niksquote on the FICO score, must have been reading the wrong line.
Answers and Views:
Answer by ironoxidehydrate
According to FICO fair is 620-679. And you need at least a 620 to get approved for an FHA loan, even with less favorable terms.
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