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Credit FICO score 667, looking to buy a new home

Can I qualify for any loan program with a 667 credit score? Found a nice house worth 175k, I make roughly 50k a year, and have a car payment. Currently renting. by bethan_197_186 from Nashville, Tennessee. Dec 22nd 2011 Reply


Bert Carpenter (BertCarpenter)
#42 ranked lender in Arizona - 1,733 contributions

The short answer is Yes. With your scores, income and debts that you indicated, you should probably qualify. My best advice is to contact a local Mortgage Banker/Broker, rather than one of the big banks. Unlike a bank employee, who is most likely just an order taker, a Mortgage Broker/Banker is Trained, Tested and Licensed in all aspects of Mortgage Origination. He/She will have access to loan products of many lenders, not just those of one bank, He/She will be able to pre-qualify you for a loan so you can shop with confidence that your loan will close escrow. Make sure you check out the qualification of your selected Originator with the National Mortgage Licensing System at www. NMLSConsumerAccess.org. ~ Bert Carpenter ~ NMLS # 40586

Dec 22nd 2011
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Nancy J Releford (nancyreleford)
#4 ranked lender in Tennessee - 180 contributions

Yes you should be able to qualify based on the information your provided. I am a local mortgage broker in Murfreesboro, TN & would be happy to assist you.I have been in the industry for over 24 yrs & own my company. I am tested, trained, licensed as Bert mentioned in his previous thread.I can be reached at 615-867-3060, Home Equity Mortgage, LLC, 2670 Memorial Blvd. Ste C, Murfreesboro, TN. 37129Nancy J Releford

Dec 22nd 2011
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Nancy J Releford (nancyreleford)
#4 ranked lender in Tennessee - 180 contributions

Sorry, I meant to give you my email address alsonancyreleford@homeequitymtg.comThanks again!

Dec 22nd 2011
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You should see if you can get your credit up to 720. look at the revolving balances the lower the better also check out my free website at www.thecreditguy.tv for more info...

Dec 24th 2011
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