my credit is 635 would i qualify for a conventional loan

Typically, conventional loans have a better chance of approval with higher credit scores such as the 700s on up. Depending on your situation you could be eligible for FHA or a USDA loan depending on the property location. If you are set on getting conventional loan, I would suggest improving your credit score first. www.topflitefinancial.com/bwright

Yes, you could qualify with a 635 score although you would need a minimum of 20% down payment and, if you are not selling your existing home, be able to qualify on your income for both mortgage payments. You may contact me at rbreedon@ccmclending.com with any further questions

the only way to know for sure is to apply.. Although there are lenders out there that will allow a 635 credit score, there's so much more necessary to qualify that no one here can say for sure.. also, if you intend on keeping your existing home, you will need to have sufficient equity in that home for any type of conventional loan product.. This would be verified by an appraisal on the FHA home.. Lenders are very aware of a strategy called "buy and bail" where folks purchase a new home and allow the exiting home to foreclose. For this reason, lenders will require you have sufficient income to service both loans, and have sufficient equity in the exiting property.. 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. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

Maybe...it's possible. Every transaction is unique and will be properly considered only with complete details of your situation. No one can give you a complete answer without complete details. By the way, one money saving solution may be learning how to quickly boost your FICO scores.

On credit score alone, you qualify for my conventional products, yes. However, depending on the exact details it may, or may not be the best choice for you. Make sure work with womeone that will discuss all the options and evaluate the pros and cons of several scenarios.IS this for a purchase or a refinance and what will the equity be in the property? This information, along with other details will play a major part in determining what is right for you... I am always happy to assist whether I work on your financing or not; So if you need more information, a pre-qualification, or a competing rate quote you can go to my web page and use my live support button to discuss or get advice on anything at all with me. Web Address is: http://www.loansfromrob.com/quote/ Email is rhanson@gladewaternational.com and direct phone is 240-752-7549. Good Luck -- Rob Hanson