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Hi - I have a Fico score of 641 and looking to get a mortgage of 190,000.

Profile picture for kjamuser
What are my chances of getting a mortgage and what is the interest rate I may have to pay?
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February 20 2010 - Avenel
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Answers (9)

Profile picture for samfalvo
You score is fine. Just need to make sure debt to income is fine. Find my email in my profile and I would be more than happy to give you advice. If you feel comfortable we may even work together to get you the financing you want. My phone number is in my profile also, call if you like. Check me out at www.sfalvo.valuedlender.com
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January 24 2011
Profile picture for Frank J Festa
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February 26 2010
Profile picture for ladyva05
your score is good...just depends on how much debt you have and how much you make. :)
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February 26 2010
Profile picture for Frank J Festa
Kjamuser: Do you need anything? Did you find a property? Let me help you. Regards,
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February 22 2010
Profile picture for Direct Lender1
You would also have to provide proof of income.
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February 21 2010
Profile picture for Frank J Festa
Kjamuser: If you are thinking of a Condo purchase and need an FHA loan, the Condo Association must be approved. Regards,
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February 21 2010
Profile picture for DiamondFundingCorp
kjamuser,

FHA requires 3.5% and will take credit scores down to 620.  To get the best deal possible, put a quote in Zillow and talk to a few brokers.

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February 21 2010
Profile picture for Frank J Festa
Kjamuser: Are you looking for a Single-family home or a Condo? How are your Credit Cards, all current? Regards,
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February 20 2010
Profile picture for Joe Cafiero
Provided that you have 3.5% to put down and qualify for a FHA loan, you could expect a rate around 5% right now.  Contact me through my profile and we can determine your eligibility
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February 20 2010
 

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