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What is the minimum qualifying credit score for a loan?

  • January 07 2009 - Baltimore
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Answers (1)

Profile picture for Lindsey M. Bishop
FHA mortgages are not credit score driven, however in this market it is a huge risk for investors to buy mortgage loans that have a borrower with a credit score under 580. So most mortgage lenders require a minimum middle credit score of 580 to qualify now for FHA loans due to the markets current conditions.
  • January 07 2009
  • 1Yes

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