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You can get an FHA loan through many online lenders with a minimum credit score of 580 and 3.5 percent down, or a credit score as low as 500 if you put 10 percent down.
Freddie Mac reports an average 6.96% for a 30-year fixed-rate mortgage, down 8 basis points from last week's average 7.04%, according to its weekly Prime Mortgage Market Survey of nationwide ...
Key takeaways. You can get a mortgage with a credit score as low as 620, 580 or even 500, depending on the type of loan. Some mortgage lenders offer bad credit loans with more flexible qualifying ...
Lender. Credit requirements. Down payment minimum. Bankrate Score. Old National Bank. 620 for conventional loans, 640 for FHA loans, 680 for VA loans. Undisclosed
If you can put 10% down, your credit score can be as low as 500. If you have a credit score of at least 620 , however, you can qualify for a conventional mortgage.
Lender. Credit requirements. Down payment minimum. Bankrate Score. PenFed Credit Union. 650 for conventional loans, 700 for jumbo loans, 620 for FHA loans
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