Zillow Advice: Mortgage - Can i get a mortgage with a 600 credit score first time homebuyer http://www.zillow.com/advice-thread/Can-i-get-a-mortgage-with-a-600-credit-score-first-time-homebuyer/500765/ Zillow Advice | Zillow Real Estate Yes, you can obtain a loan ... http://www.zillow.com/advice-thread/Can-i-get-a-mortgage-with-a-600-credit-score-first-time-homebuyer/500765/ Yes, you can obtain a loan with your current score. However, the costs will probably not be to your liking. I would suggest you first look into ways to improve your score first. You may be surprised how simple this process can be. <br/>I wish you the best! Mon, 01 Dec 2014 16:22:00 GMT http://www.zillow.com/advice-thread/Can-i-get-a-mortgage-with-a-600-credit-score-first-time-homebuyer/500765/ 2014-12-01T16:22:00Z You can get financing with ... http://www.zillow.com/advice-thread/Can-i-get-a-mortgage-with-a-600-credit-score-first-time-homebuyer/500765/ <p>You can get financing with a <strong>550</strong> credit score with my bank. I happen to specialize in low fico lending and I am happy to answer any further questions regarding your situation. I have listed below what is needed for my bank and please keep in mind not all banks require a higher fico.</p><p><strong>FHA</strong><br/>We finance down to a <strong>550</strong> credit score and if you credit score is 639 or lower we will pay ALL closing costs i.e. Title, Home Owners Insurance, Taxes, HOA transfer fees, Appraisal, <strong>EVERYTHING</strong>. You just need to come in with your 3.5% down. You will be limited to FHA Loan Limits in the particular county of interest.<br/><br/>If you need further information please reach out to me here on Zillow or post on this thread so other buyers will learn from your experience.</p> Mon, 01 Dec 2014 14:55:00 GMT http://www.zillow.com/advice-thread/Can-i-get-a-mortgage-with-a-600-credit-score-first-time-homebuyer/500765/ 2014-12-01T14:55:00Z [Promotion deleted by Zillow ... http://www.zillow.com/advice-thread/Can-i-get-a-mortgage-with-a-600-credit-score-first-time-homebuyer/500765/ <div style="text-align: right;">[Promotion deleted by Zillow moderator.&nbsp;Please see our&nbsp;<u><a style="text-align: right;" rel="nofollow" title="Good Neighbor Policy" href="/howto/GoodNeighborPolicy.htm">Good Neighbor Policy</a></u>&nbsp;for information.]</div> Sat, 30 Nov 2013 01:56:00 GMT http://www.zillow.com/advice-thread/Can-i-get-a-mortgage-with-a-600-credit-score-first-time-homebuyer/500765/ 2013-11-30T01:56:00Z If you have not bought a ... http://www.zillow.com/advice-thread/Can-i-get-a-mortgage-with-a-600-credit-score-first-time-homebuyer/500765/ If you have not bought a home already, I can get you approved with a 600 fico. Obviously, you have to meet other requirements like with any credit score but we are closing clients with that score all the time. We are a federally charter bank in business since 1905 and we know how to close these type of loans. Thu, 17 Oct 2013 00:19:00 GMT http://www.zillow.com/advice-thread/Can-i-get-a-mortgage-with-a-600-credit-score-first-time-homebuyer/500765/ 2013-10-17T00:19:00Z Try Diana Landry&nbsp; DLandry@weststarpacific.com&nbsp; ... http://www.zillow.com/advice-thread/Can-i-get-a-mortgage-with-a-600-credit-score-first-time-homebuyer/500765/ Try Diana Landry&nbsp; <a href="mailto:DLandry@weststarpacific.com" rel="nofollow">DLandry@weststarpacific.com</a>&nbsp; . She may only be licensed in Tx but her company may be licensed in Louisiana.&nbsp;I am not affiliated with Diana or with Westar.&nbsp; I just believe they will close loans below 620 fico if it makes sense. Mon, 08 Jul 2013 02:12:00 GMT http://www.zillow.com/advice-thread/Can-i-get-a-mortgage-with-a-600-credit-score-first-time-homebuyer/500765/ 2013-07-08T02:12:00Z Technically yes, but be careful. ... http://www.zillow.com/advice-thread/Can-i-get-a-mortgage-with-a-600-credit-score-first-time-homebuyer/500765/ Technically yes, but be careful. Lenders advertise loans for credit scores down to 580 to lure clients into they call centers. make sure you have your file fully underwritten by a manger or "underwriter" (licensed and trained professional that has the authority to approve your loan). I see the bigger banks and specialty lenders/brokers offering these products but consumers rarely are approved for this product out the gates. Sales people are good at sales, the goal is to get you to call. In reality, you need a 640 minimum score. Anything lower (unless you qualify for a VA loan) is considered risky. There are additional requirements that need to be for you to be approved for a loan when your score is that low. Loans are all about risk, the lower the FICO/credit, the more risk. What you may want to do is contact a credit correction company to consult with you as to how to improve your score to 640. That creates a much more likely outcome. I have helped many of my clients with sub 600 scores reach the 640 threshold and receive loan approval with the better rates. Mon, 08 Jul 2013 01:31:00 GMT http://www.zillow.com/advice-thread/Can-i-get-a-mortgage-with-a-600-credit-score-first-time-homebuyer/500765/ 2013-07-08T01:31:00Z Very very few lenders will ... http://www.zillow.com/advice-thread/Can-i-get-a-mortgage-with-a-600-credit-score-first-time-homebuyer/500765/ Very very few lenders will consider a mid FICO score of 600 and the rates will be unpleasant. &nbsp;&nbsp; Work to get your score above at least 620 and preferably 640.&nbsp;&nbsp;&nbsp; Mon, 08 Jul 2013 01:27:00 GMT http://www.zillow.com/advice-thread/Can-i-get-a-mortgage-with-a-600-credit-score-first-time-homebuyer/500765/ 2013-07-08T01:27:00Z