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I applied for a loan on this house that say's my credit score can be 560 is this possible?

  • October 04 2009 - Lisbon
  • 0Yes

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Answers (4)

Best Answer

Anything is possible, but I would be betting against it!
  • October 04 2009
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Wilhelm,

Why not share your definition of a decent rate and what some of the other requirements are?
  • October 05 2009
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Yes, with other solid compensating factors- like a great credit score ;)

Seriously, I have lenders who can give you a decent rate with a credit score down to 530 as long as you meet certain requirements.  
  • October 05 2009
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depends on the type of loan and the ltv.
  • October 04 2009
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