Can I get a conventional mortgage with a 637 credit score
i'm being told it should be at least 640 - since i am so close i'd really like to see if financing is possible or if anything can be done to bump it to 640 relatively quickly
Larry Gray (lgray_312_247)
#597 ranked lender in California - 1,139 contributions
You can get a conventional mortgage loan with 20% down payment and a 620 mid fico score, along with other qualifications that are necessary.
Michelle Curtis Loan Originator NMLS 401173 (MichelleCurtisLO)
#77 ranked lender in Florida - 2,245 contributions
There are plenty of lenders and MI companies that will lend 95% with a 620 middle credit score.
John Moran (SimplifyMortgage)
#7 ranked lender in Arizona - 663 contributions
Yes, conventional loans are available at 620 or above. You'll need to find the right lender.
Phil Dumouchel (PhilDu)
#32 ranked lender in South Carolina - 2,249 contributions
Yes, it's possible depending on your other qualifications. 620 is the minimum score for a conventional/conforming loan. 640 is better of course but often FHA works out better for borrowers with scores in that range depening on a lot of variables.
Jamie Lynne (nationwidelenderforyou)
#137 ranked lender in Texas - 576 contributions
Yes, I offer conventional loans down to a 620 middle score nationwide. Let's discuss your loan scenario in more detail. Contact me at 800 315 8803. My name is Jamie and I have been offering loans since 1989. I am happy to answer your mortgage questions, 7 days a week and review your loan scenario. Until then, I look forward to hearing from you. Jamie Lynne - Lending Nationwide Since 1989 - jamie@bartprequalifies.com - www.bartprequalifies.com
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