Credit Fico Score for a Kentucky Mortgage FHA VA KHC

Fannie Mae According to the "Washington Post," Fannie Mae raised its minimum credit score for conventional loans in 2009 from 580 to 620. Even if you have a 20-percent down payment, you can be rejected if your score is below 620. Fannie Mae will also reject a loan if more than 45 percent of your … Continue reading Credit Fico Score for a Kentucky Mortgage FHA VA KHC

Kentucky Rural housing and Kentucky USDA loan Frequently Asked Questions

    Kentucky Rural housing and Kentucky USDAhome  loan Frequently Asked Questions Kentucky RHS Home Loan  Frequently Asked Questions 1. For RHS, the borrower is only permitted to own one residence. What if a borrower owns land also? If a borrower owns land, they must document that the land does not contain a residence by … Continue reading Kentucky Rural housing and Kentucky USDA loan Frequently Asked Questions

Credit Scores: What You Need to Know

http://www.nytimes.com/2009/01/06/your-money/credit-scores/primerscores.html