Benefits of FHA Loans: Low. 500 can qualify for an FHA loan.
If your credit score falls between 500 and 579 and you can make at least 10% down payment, you likely qualify for an FHA loan. If your credit score is 580 and 620, the golden score for qualifying.
Bad Credit Home Loans FHA, VA and Other Home Loans for Bad Credit Borrowers. Qualifying for a home loan with bad credit is not for the easily discouraged. A lower credit score usually equates to higher mortgage interest rates, and a low enough score might mean you can’t qualify for a home loan at all.
Credit Requirements For Mortgage Loan How To Get A Fha Home Loan With Bad Credit Apply For Fha Home Loan FHA Loans – Apply Online for an FHA Home Loan – FHA Online Application. As a free service, we can help you determine the maximum mortgage amount for which you could qualify.If you wish, we can also secure a no-obligation pre-qualification letter from a lender in your area who will guarantee your loan request and (‘lock’) the lowest possible rate.This is a free service available to US citizens above the age of eighteen. 1