Zillow Advice: FHA and VA Loans - I am interested in an FHA backed loan who is the best I have a 720 middle score as of last week http://www.zillow.com/advice-thread/I-am-interested-in-an-FHA-backed-loan-who-is-the-best-I-have-a-720-middle-score-as-of-last-week/192505/ Zillow Advice | Zillow Real Estate FHA is not credit score driven. ... http://www.zillow.com/advice-thread/I-am-interested-in-an-FHA-backed-loan-who-is-the-best-I-have-a-720-middle-score-as-of-last-week/192505/ FHA is not credit score driven. However small to the big <a href="http://www.zillow.com/directory/lenders/">lenders</a> have made rate adjustments according to credit scores. The minimum score with most lenders now without any&nbsp;credit score &nbsp;adjustment is 720 so you are fine.<br/>Today at Fairway <a href="http://www.zillow.com/mortgage/">Mortgage</a> your rate would be 4.875%.<br/><br/>Hope this helps Thu, 17 Sep 2009 19:16:00 GMT http://www.zillow.com/advice-thread/I-am-interested-in-an-FHA-backed-loan-who-is-the-best-I-have-a-720-middle-score-as-of-last-week/192505/ 2009-09-17T19:16:00Z 720 and no income you will ... http://www.zillow.com/advice-thread/I-am-interested-in-an-FHA-backed-loan-who-is-the-best-I-have-a-720-middle-score-as-of-last-week/192505/ 720 and no income you will get denied, let us know! Thu, 17 Sep 2009 18:34:00 GMT http://www.zillow.com/advice-thread/I-am-interested-in-an-FHA-backed-loan-who-is-the-best-I-have-a-720-middle-score-as-of-last-week/192505/ 2009-09-17T18:34:00Z James...Please do tell us ... http://www.zillow.com/advice-thread/I-am-interested-in-an-FHA-backed-loan-who-is-the-best-I-have-a-720-middle-score-as-of-last-week/192505/ James...Please do tell us with all your "CMPS" experience what other factors besides your <a href="http://www.zillow.com/mortgage-glossary/FICO/">FICO</a> score will determine the rate and fees you will be charged on a <a href="http://www.zillow.com/fha-loan/">FHA</a> loan.&nbsp; Sat, 07 Feb 2009 18:44:00 GMT http://www.zillow.com/advice-thread/I-am-interested-in-an-FHA-backed-loan-who-is-the-best-I-have-a-720-middle-score-as-of-last-week/192505/ 2009-02-07T18:44:00Z If all you are interested ... http://www.zillow.com/advice-thread/I-am-interested-in-an-FHA-backed-loan-who-is-the-best-I-have-a-720-middle-score-as-of-last-week/192505/ If all you are interested in is lowest fees, no need to ask the question. Simply apply online and hope that whoever quotes you the lowest fees actually delivers on their promise. If you need guidance and value the professional insight that a tenured <a href="http://www.zillow.com/mortgage/">mortgage</a> professional can provide, become educated about the best qualified mortgage professional in your area.<br/><br/>Please remember that one's credit score is not the only item that will determine your rate or fees. Seek out a Certified Mortgage Planning Specialist (CMPS) to give you the facts so that you can make the best decision.<br/> Sat, 07 Feb 2009 18:28:00 GMT http://www.zillow.com/advice-thread/I-am-interested-in-an-FHA-backed-loan-who-is-the-best-I-have-a-720-middle-score-as-of-last-week/192505/ 2009-02-07T18:28:00Z Eric...Stick to what you ... http://www.zillow.com/advice-thread/I-am-interested-in-an-FHA-backed-loan-who-is-the-best-I-have-a-720-middle-score-as-of-last-week/192505/ <p>Eric...Stick to what you know.&nbsp; If you read Clay's post, he is spot on with regars to how <a href="http://www.zillow.com/mortgage-glossary/FICO/">FICO</a> can effect your rate.&nbsp;<br/><br/>Less....Give George Devine a call.&nbsp; He is in RI nad can help you out.&nbsp; His link is to the right.</p> Sat, 07 Feb 2009 15:41:00 GMT http://www.zillow.com/advice-thread/I-am-interested-in-an-FHA-backed-loan-who-is-the-best-I-have-a-720-middle-score-as-of-last-week/192505/ 2009-02-07T15:41:00Z For your score of 720, you ... http://www.zillow.com/advice-thread/I-am-interested-in-an-FHA-backed-loan-who-is-the-best-I-have-a-720-middle-score-as-of-last-week/192505/ For your score of 720, you get the <a href="http://www.zillow.com/Mortgage_Rates/">best rate</a>, which is about 5% on a 30 Yr. If score is 600-619, expect .500-1.00 discount hit and 580-599 expect between 1.00 and 2.00 to discount. Since most <a href="http://www.zillow.com/fha-loan/">FHA</a> buyers in those credit ranges can not afford the high hits, the rate&nbsp;will be increased to absorb some of&nbsp;those fees. &nbsp;&nbsp; Sat, 07 Feb 2009 15:25:00 GMT http://www.zillow.com/advice-thread/I-am-interested-in-an-FHA-backed-loan-who-is-the-best-I-have-a-720-middle-score-as-of-last-week/192505/ 2009-02-07T15:25:00Z Also, with FHA, you are either ... http://www.zillow.com/advice-thread/I-am-interested-in-an-FHA-backed-loan-who-is-the-best-I-have-a-720-middle-score-as-of-last-week/192505/ Also, with <a href="http://www.zillow.com/fha-loan/">FHA</a>, you are either approved or not approved. If approved, the rate should be the same regardless of credit score. Sat, 07 Feb 2009 14:52:00 GMT http://www.zillow.com/advice-thread/I-am-interested-in-an-FHA-backed-loan-who-is-the-best-I-have-a-720-middle-score-as-of-last-week/192505/ 2009-02-07T14:52:00Z Go on to www.hud.gov and ... http://www.zillow.com/advice-thread/I-am-interested-in-an-FHA-backed-loan-who-is-the-best-I-have-a-720-middle-score-as-of-last-week/192505/ Go on to <a href="http://www.hud.gov/" rel="nofollow">www.hud.gov</a> and you can find a list of FHA Approved lenders in your area.&nbsp; Tue, 27 Jan 2009 21:59:00 GMT http://www.zillow.com/advice-thread/I-am-interested-in-an-FHA-backed-loan-who-is-the-best-I-have-a-720-middle-score-as-of-last-week/192505/ 2009-01-27T21:59:00Z