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are fha 203k loans given for 713 credit scores?

i know that's not exactly low but thought the requirements might be tougher for the renovation product. wanting a fixer upper and to also add a deck. debt to income is about 31% but i just used a basic calc. my income is 65K gross per year. first time buyer. thak you. by normcastro389989563 from North Augusta, South Carolina. May 19th 2014 Reply


Michelle Curtis Loan Originator NMLS 401173 (MichelleCurtisLO)
#77 ranked lender in Florida - 2,245 contributions

Yes you can get a 203K or 203K streamline if the repairs are 35K or under.

May 19th 2014
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Todd Glassman (Todd Glassman)
#1 ranked lender in South Carolina - 126 contributions

We offer Fannie Home path and Home style as well as FHA 203k full or streamline.We also offer one time close construction loans for VA and FHA. If you have any questions please feel free to call and ask for our renovation specialist John Crivea at 864-438-4550 We are local and serving South Carolina since 1997.

May 19th 2014
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Scott Campbell (Scotty)
#46 ranked lender in South Carolina - 11 contributions

Yes. A 713 score is fine for a 203-K. Our minimum score is 640

May 19th 2014
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Jay Spurlin (CFCMortgage)
#45 ranked lender in South Carolina - 24 contributions

No problem with that score... Coastal Funding offers a 203ks which is a streamline version of the 203k. Smoother process. 843-215-6200 - www.cfcmtg.com

May 19th 2014
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