Zillow Advice: FHA and VA Loans - I have a score of 573. I was told I have to put 30% down to be approved for fha loan http://www.zillow.com/advice-thread/I-have-a-score-of-573-I-was-told-I-have-to-put-30-down-to-be-approved-for-fha-loan/435526/ Zillow Advice | Zillow Real Estate I have an investor who will ... http://www.zillow.com/advice-thread/I-have-a-score-of-573-I-was-told-I-have-to-put-30-down-to-be-approved-for-fha-loan/435526/ I have an investor who will go down to 560 but it's tough. For sure your best option is work with a lender who can analyze your credit for you. It's pretty painless and only take about 15 minutes. 1 out of 5 calls today involve helping people solve some credit issue. I suggest you open the closet, bring the dead and bury the bones. For more information, click on the link below.<br/><br/>Best of Luck!<br/><br/><em>[website deleted by Zillow moderator. Please see our <a href="http://www.zillow.com/howto/GoodNeighborPolicy.htm">Good Neighbor Policy]</a></em> Sat, 17 Mar 2012 16:05:00 GMT http://www.zillow.com/advice-thread/I-have-a-score-of-573-I-was-told-I-have-to-put-30-down-to-be-approved-for-fha-loan/435526/ 2012-03-17T16:05:00Z It is NOT normal. FHA mortgages ... http://www.zillow.com/advice-thread/I-have-a-score-of-573-I-was-told-I-have-to-put-30-down-to-be-approved-for-fha-loan/435526/ It is NOT normal. FHA mortgages with 500 to 579 credit scores require 10% down. If you bump your score to 580 it only requires 3.5% down. There is nothing normal about anyone saying you need 30%. They either have the program for 10% down or they don't, there is no 30% one.<br/><br/>Find a California loan officer that will first attempt to raise your score as high as possible and secondly will offer you the best program available once they have. Sat, 17 Mar 2012 03:19:00 GMT http://www.zillow.com/advice-thread/I-have-a-score-of-573-I-was-told-I-have-to-put-30-down-to-be-approved-for-fha-loan/435526/ 2012-03-17T03:19:00Z It is normal when the credit ... http://www.zillow.com/advice-thread/I-have-a-score-of-573-I-was-told-I-have-to-put-30-down-to-be-approved-for-fha-loan/435526/ It is normal when the credit score is &lt; ~640 to be required to put down a much higher down payment, but 30% seems high.&nbsp; Most lenders don't even bother to go so low. &nbsp; Perhaps it would be worth your while to spend the time to improve your credit score so that you can get to the 3.5% down that is typical with higher scores. Sat, 17 Mar 2012 02:16:00 GMT http://www.zillow.com/advice-thread/I-have-a-score-of-573-I-was-told-I-have-to-put-30-down-to-be-approved-for-fha-loan/435526/ 2012-03-17T02:16:00Z