FHA 203(b) Loans for North Carolina borrowers with 620 Fico Scores
Until recently, getting a loan to purchase a home in Raleigh North Carolina for borrowers with credit scores greater than 620 but less than 640 was nearly impossible. However, because of the improving real estate markets, lenders are beginning to once again to loosen their credit guidelines.
Will we return to the sub 600 fico score days? hopefully not!
AES Lending, a Raleigh-Cary North Carolina Based Mortgage Lender has partnered with a nationwide investor to provide access to affordable, government insured FHA mortgage loans to borrowers who have credit fico scores of at least 620. Get started today with a free pre-qualification here.
Ricardo Cobos is a licensed mortgage loan officer in Raleigh-Cary-Durham North Carolina who has been helping families achieve financial security through responsible home-ownership since 1998.
(919) 526-0183
Related articles
- New Mortgage Escrow Rules for January 2014 (theraleighmortgageguy.com)
- What is USDA loan? (theraleighmortgageguy.com)
- How to Fix Credit Report Errors Fast (theraleighmortgageguy.com)
Since relocating from Northern Michigan in 2007 I have lived in Garner (27529) with my wife Melanie and our four children. With personal production of 8MM in real estate sales across Southern Wake County I am considered to be a local market expert in the following communities: Garner (27529), Fuquay-Varina (27526), Holly-Springs (27540), Apex (27502), and Raleigh (27603, 27604, 27606, 27609, 27610)) which spans from downtown Raleigh to Willow Spring including Lake Wheeler. Call or email me, I’m here to help! Ricardo Cobos (919) 526-0183