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**Can I get a mortgage loan w/ 598 score??

BayHouse Credit Forum: Fair Isaac FICO and NextGen Credit Scoring: **Can I get a mortgage loan w/ 598 score??
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Tammy B (Tab)

Monday, April 02, 2001 - 09:29 am Click here to edit this post
If I can where and what interest rate would i pay??
Thanks

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Ann (Momof3)

Monday, April 02, 2001 - 09:56 am Click here to edit this post
Hi Tammy. Have you received all your scores or are you going by just one?? When qualifying for a mortgage they normally run a merged report from all 3 and you get 3 scores, they usually throw out the high and low score and use your middle score to determine loan. What exactly is on your reports and do they appear on all three?? We may be able to help, we just need more info.

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Tammy B (Tab)

Monday, April 02, 2001 - 10:24 am Click here to edit this post
No, I just obtained one from equifax.

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Shylock (Shylock)

Monday, April 02, 2001 - 06:11 pm Click here to edit this post
You can probably get a mortgage from a variety of places. The coupon would probably be about 11.5 percent with 20% down.

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Christine Baker (Admin)

Tuesday, April 03, 2001 - 04:24 pm Click here to edit this post
I highly recommend you work on increasing your scores and then go to a broker to get pre-approved.


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