I just spoke with one of our preferred lenders, and was told that the minimum credit score for VA and FHA mortgage loans has dropped 40 points. Now a score if 580 is good enough to get your mortgage. If you need to know what your score is, you can set up a free account at CreditKarma.com. This is your account, and accessing your score does not affect your score at all. I have had several people who have been renting, and now are buying because rent prices are going up. If you never check, you will never know if you can qualify also.
If you need more information, please contact your REMAX Select Professional for more information.
