What credit score do you need for a mortgage?


What credit score do you need for a mortgage in Kentucky for FHA, VA, USDA and Fannie Mae Home Loans?

Equifax, Experian and TransUnion will also no longer include medical collection debt under at least $500 on credit reports


The three nationwide credit reporting agencies, Equifax, Experian and TransUnion, announced that effective July 1, 2022, they will no longer include medical debt that was paid after it was sent to collections on consumer credit reports. The companies’ CEOs provided a joint statement on the decision to change their approach to medical collection debt reporting: … Continue reading Equifax, Experian and TransUnion will also no longer include medical collection debt under at least $500 on credit reports

Which Credit Score is used for a Kentucky Mortgage Loan Approval?


Credit score used for a Kentucky Mortgage Loan Approval for FHA, VA, USDA Rural Housing, KHC Down payment assistance FAnnie Mae

 No Money Down with a Conventional Loan from Kentucky Housing Down Payment Assistance​​


Buying a Kentucky Home No Money Down with a Conventional Loan from Kentucky Housing Down Payment Assistance​​

What kind of credit score do I need to qualify for a Kentucky Mortgage Loan?


Kentucky Mortgage Loan Credit Score Requirement. Loan Type Min. Credit Score Description Conventional 620 Most common Available from most lenders Requires private mortgage insurance (PMI) with less than 20% down FHA 500-10% down 580-3.5% down Can have lower credit scores, lower incomes, and/or higher debt Federal government guarantee and borrower-paid mortgage insurance allow lenders to … Continue reading What kind of credit score do I need to qualify for a Kentucky Mortgage Loan?