Can I get a 5% down 30 year fixed mortgage with a 640 credit score?
Yes. An FHA loan requires only a 3.5 percent down payment and a 640 score can qualify. There are still other factors to look at such as overall credit profile, income, and assets. My advice is to obtain a preapproval prior to beginning your home search and you will know for sure.

I want to know if I can do a $200K loan with construction financing as well for adding a deck
An FHA 203k renovation loan may be a better option for you as it will allow you to use the value after improvements which can allow you more funds for your renovation. 203k is one loan and could be a more flexible option. You can reach out to Annie Mac Home Mortgage at 484 754 3424 to see if this type of...

Can I switch lenders for refi without penalty?
You should be able to refinance with anyone you wish. One of our mortgage originators would be glad to help you and walk you through the process. Pat Staffa- Annie Mac Home Mortgage 347-245-4528

After 5 years on a loan modification can you refinance your mortgage?
Hello,If you have been making payments each month on the mortgage , and your overall score which includes the rest of your credit payments still allows you to qualify (which in most cases and most lenders will be 580-620) then you should be ok. Having a modification done 5 years ago will not disqualify...