I own a home out right I want to remodel but my credit scores are from 677 to 665 to 633 can I get financed?

You can either apply for an FHA 203k loan or a conventional "cash out" refinance. I would contact a local lender and ask them to provide you with details on both options so that you can compare. Best Of Luck!

What kind of remodeling? How much do you need? Who is doing the work? Without answers to these questions, your question can't be answered. Connect with a local Mortgage Professional and discuss what you are looking for. Your scores are adequate for an FHA 203k rehabilitation loan. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ Licensed in California and Arizona ~ www.LoansA2z.com 888-889-9950

Hi Revray...credit is one of the factors in a loan and it is super important. Your scores may not be from an actual mortgage based credit report but based on these scores, you would qualify for prime A/Paper loans (including FHA and VA). The next step is to look at the other factors. My advice? Call me. I can tell you in minutes what you qualify for and help you achieve it. I'm able to do all programs in West Virginia. Greg Gruenwald, The Federal Savings Bank, Naperville, IL 888-GREG-1ST (888-473-4178). Thanks!

I handle both 203k and conventional renovation loans but if you qualify your best option with fewer fees and complications will be a cash-out refinance unless that will not give you enough to do what you want to the house.

The answer is yes. You can use a couple different ways to accomplish the task you're inquiring about. Please feel free to contact me and I'll be more than happy to walk you through the process. Ray at 254-449-7196 or rlewis@englending.com

Yes, you should have no porblem doing so ,

Contact a local member of this forum in your area.

Your scores would make refinancing possible, with a 203K renovation loan a good option. Be sure you're working with a loan officer experienced in renovation financing. They can be tricky.

You should be able too - YES. Andrew - you will need the right lender. Dont give up on your first try. For sure.

Asssuming your income qualifies you should be fine. If home has a cost to cure you will have to go with a FHA 203K loan. Make sure you research loan officer if you go that route as many DO NOT know what they are doinjg with 203K's.

If your middle scor is 665 you can refinance.