Would i qualify for an fha loan with a 638 credit score?

Jinny, Being approved for a loan is much more than just credit scores. I activily work the Cleveland Market and do have options with that credit score. You can find my contact information on my profile page.

Jinny, yes, considering score alone, you would qualify. I agree with Tim that it's more than a credit score but you shouldn't have much issue getting financing. If I can answer any add'l questions, I'd be happy to help. Best wishes otherwise, Kimberly Lawson, Licensed Mortgage Loan Originator - Ohio only. Contact and licensing information can be found on my profile.

The credit score will qualify you without a problem but your debt to income ratio, current job, money for down payment and closing costs and reserves also factor in. Speak to a pro to find out what you exactly qualify for.

Jenny with a 638 score you may qualify for several types of loans that may be better for your specific needs. A hard tri merge mortgage score is typically different then what a consumer would pull. You actually may be able to obtain a loan with as low as a 580 score! A 620 score or higher permits several options. Income, Credit & assets would decide if you are approved. An easy process. Lisa

A 638 credit score would be acceptable for FHA financing, but income, employment history, credit history, and an acceptable appraisal of the house you intend to purchase would all be considerations of an approval. If you would like to be pre-qualified feel free to call me at 440-953-0447 #15.Thank YouMike

Jinny-As previously stated, your credit score is only part of what is needed to get a loan.Your income, Assets, etc... will also be reviewed to determine if you qualify. If you are a 1st time homebuyer, check with a local lender or community bank, there maybe state specific loans available to 1st time homebuyers in your area.

Yes, for FHA.