At the end of last week we received an email from our favorite loan officer. She told us that FHA changed guidelines for minimum credit scores required to ensure loans. Until now it was still possible to get Columbus loans with credit scores as low as 580. Fifth Third Bank was one of the few [...]
Entries from September 2009
FHA Increases Minimum Credit Score for Loans
September 28th, 2009 No Comments
Tags: Columbus House · columbus houses · Columbus Housing · columbus loans · columbus mortgage · columbus realtors · columbus realty · credit score · FHA · FICO score
Three Incentives for Buying a HUD Property with a Columbus Home Mortgage
September 15th, 2009 No Comments
When you finance a HUD Home with a Columbus home mortgage, the government gives you many incentives. Most incentives require FHA financing. This means that you will have to move into the house, so you can’t buy it as an investor.
Most HUD listings are in contract very quickly. You really need to move quickly, if you are [...]
Tags: Columbus home mortgage · columbus houses · columbus loans · FHA financing · HUD homes
