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Answers (3)
- Tracy & Tego Venturi, "The Venturi Team"
- Contributions:1772
I would recommend talking to a local lender that can really look at your credit situation and see where you stand. If you need a recommendation for a lender in the Albuquerque area, let me know.
- Kelly Lacey, "kellylacey"
- Contributions:797
I looked up your loan request ID and you stated you have a score of 620 and over 5% for a down-payment. This is acceptable for FHA fiancing. Just because you didn't receive a lot of quotes doesn't mean you don't qualify.
- Jim Kimmons, "Jim_Kimmons"
- Contributions:3
While it depends on what you mean by "fair" credit, the FHA is still guaranteeing loans with as little as 3.5% down and credit scores below those acceptable to commercial lenders. Go to fha.gov to check out their program, and find a mortgage broker who works with FHA loans.
How do you buy a home with fair credit? Are there any mortgage companies or banks that will finance?
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