poor credit

[rosalyn30]

Hello everyone. I am in the market of trying to find a home and I have found several that I like and I can place the home on my parnets lot. I could go used for $37,500 or new $55,000. My question is is it possible to get a home loan with a credit score below 600? Thanks

Rosalyn

[rmurray]

YES...most lenders will go down to 580 middel FICO score..They might require at least 10% down...Try the lender section of this web site...Rates will be much higher on the used home...

[admin]

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