FHA fund do have more flexible qualification criteria than just old-fashioned fund, especially when you are considering the newest deposit and you will credit ratings. One may qualify for an FHA loan having a card rating out-of five hundred and you will good ten% deposit.

When you have a score regarding 580+, you can aquire accepted for an advance payment from as lowest since step three.5%. Lees verder “Measures to Qualify for a conventional Home loan”