Post Your Mortgage Question Find mortgage expert in your area
You are not logged in. Login here. Not a user? Sign Up
Email: Password:
Search by Mortgage Terms: Ask My Question
613 Experts, 1440 Questions, 1555 Answers

Chassidy R Asked:

My husbands credit score is around 480 and mine is 560. We are looking to buying our first home. Any suggestion as to what programs can help us. thanks [Fort Worth TX]



Not Ranked
Answer Provided by: Andi Bilbrey [02/24/2009]

Chassidy, Please give me a call at 214-420-1300x118 Thank you, Andi Bilbrey

Not Ranked
Answer Provided by: Danny S. Kim [02/25/2009]

Consult w/ a mortgage broker to determine a plan of action. You will need to work w/ a credit expert or on your own to improve your scores. Start by paying down credit card balances. Also, dispute and correct any errors in negative items reported w/ the credit bureaus. Min score req'ts are becoming more stringent. You will need to get to 580-620 and above to get into an FHA loan these days.