Credit score of 669, can I qualify for a new home loan?

Congratulations on finding a home! Depending on your credit score you may have several options. FHA an USDA are the most forgiving as far as credit goes. Most lenders like to see a score of 640 or higher, this is where you will get your best pricing and rates. I deal with a couple of lenders that will go to a 560 for a purchase with some compensating factors. 15% down and solid, stable income is a start. The rates should be in the 4's. It's hard to say without all the facts.Your first step should be to select someone you are confident in and let them do a credit review for you. They might be able to help you to tweak your score.Best of luck,if you need any help please feel free to email me at JPaulino@AccuTrust.biz

With a 669 you should be fine going FHA or USDA depending on where in Coventry. Going conforming most lenders are looking for that 720. You should be in the low 4's on a 30 year fixed program.Once again, best of luck.Jim PaulinoAccuTrust Mortgage774-234-7283

Yes, congrats on finding a home now its time to get your financing so you can present a strong contract a pre-approval is stronger than a pre-qualification. FHA would be a good choice and you should qualify based on your information. I have 25 years of providing exceptional mortgage sevices and great rates. FHA 30 year 3.625% . I can be reached at ballen@accessnational.com

Contact a broker/lender and get pre-approved. They will give you your financing options. ... Good luck. .... Happy funding, Rudi