580 credit score mortgages

By on Jun 4, 2014

Since the housing crash of 2008 we have seen mortgage credit tighten up beyond anyone’s imagination. The good news as of late is that credit has began to loosen up to the point that we are announcing a new fha mortgage program with a credit score as low as 580 to qualify. Considering all other factors being equal this is a big step forward at reaching out to new buyers.