Will I qualify for an FHA loan in Ohio with 670 credit score

Minimum MID score requirements for most lenders are 640, so 670 would be ok, however it takes so much more than a credit score to get a mortgage.. Income, debt, credit history, judgments, collections, unpaid student loans, foreclosure, BK.. etc, etc, etc.. you could have a 750 credit score and if you have one of those deficiencies, you might get turned down.. The best advice I can give you is to contact a LOCAL mortgage broker and apply with them. Do not use the local "Big" bank, or one of those 50 states internet lenders or nationwide lenders...By applying with your LOCAL Broker, you have an advantage because he's familiar with local customs and works with numerous lenders, seeking out the best loan terms for your particular scenario. Because he has lower overhead, he can offer you lower rates and lower fees than most of the larger lenders.. 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

There are more things that go into qualifying for a mortgage than just credit score. However, with a credit score of 670, you are off to a good start. That score should make you eligible for FHA with most any lender out there. Feel free to give me a call if you'd like to discuss other things that go into qualifying for an FHA mortgage. You can reach me in the office at 513-777-8383 (located just North of Cincinnati, OH).

I suspect everyone will say that "Yes you can qualify for a FHA Loan in Ohio with a 670 credit score". As it is well above the minimum credit score being imposed by most (if not all) lenders. I hope that answers your question. I would add that obtaining a loan today is more than just credit scores. I would suggest that you talk with a lender in Ohio that can prequalify or preApprove you for a loan. As a lender in Ohio, I welcome you to contact me and I would be happy to assist you with any questions you might have. If you have not owned a home in the last 3 years or are a first time homebuyer, I suggest you look at the OHFA Tax Credit Program as it has substantial benefits. Here is a link http://www.getamortgagenow.com/PageContent.aspx?PageID=53

Yes you would also qualify for a Conventional loan, which I would advise, as your Mortgage Insurance is lower. I am licensed in OH and can help you determine the best program for you. Give me a call. 888-320-7888 - Ken@MortgagesforAmerica.org - www.MortgagesforAmerica.org - Ken Burrows

You qualify as far as your credit score is concerned. However, there are other factors that are important to qualify for a mortgage. Give me a call at 513-477-7908 to discuss your individual situation. Or you can email me at john@www.mycincinnatimortgage.com

There's more information needed in order to determine if you qualify. Other factors lenders will consider are your debt-to-income ratio, employment history, etc. Contact several different local lenders to determine what you qualify for.

The score would be acceptable for most any conventional or FHA mortgage but all your other qualificaitons will need to be evaluated as well.