can I get a fha streamline loan with a credit under 600

There are lenders that will allow for a streamline with no credit check. Most lenders will want to see your score over 640, so if you can improve your score above that, you will have endless options.. if you wish to go with a lender that does not look at your credit, or will allow for lower scores, you will pay a higher interest rate. Try Google "mortgage broker <zip code>" this will get you a list of local mortgage brokers in your area. start dialing.. .. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

That's going to be difficult. It is worth it , to work on your credit.

A lot of lenders cap at 660 on streamlines. You're probably looking at a traditional FHA refinance.

Who is your current servicer?

How is your mortgage payment history in the last 12 months?

Maybe Wells Fargo

you would be best served by spending a little time on credit enhancement first.

The best thing you can do is work on getting your credit to 660 or above- this will get you better pricing and save you money in the longterm.

Most lenders do require a 640, but there are a few lenders out there that allow credit scores as low as 580. You should talk to a local lender or a local bank to see what your options are. OR you could talk to a credit professional and see what your options are to get your scores up.

Hello there in Cibolo, TX. We have access to two Wholesale Lenders that accept all the way down to a 560 at 90% LTV on FHA and VA in TX only and go to the normal FHA limits at a 580 with 2 months reserves and max 40% debt ratio. We need 3 compensating factors at these lower credit scores and the rates are a little higher in the low to mid 4's. Many of the posts below are right that long term it is better to get your scores up over 620 or 640 as this really opens up competition for the loan and keeps the rates closer to the bottom for these products which right now is in the mid to low 3's. If you need any more assistance feel free to contact me and I hope you find the best deal for you.Brad Cahoone - 972-724-3222 x227 - bcahoone@globalhomefinance.com - apply online: http://globalhomefinance.com/apply.php

600 Min.

If your fha loan was set up prior to June 1, 2009, taking a bit of time to get your credit score up would not be a big problem. However, if you got the loan after that date, you would be better served to get your application in to a local, licensed mortgage officer as soon as possible, because of the change FHA is making next Friday, which adds about .5% to the APR in the future.