4/15/11

Exciting News Regarding Credit Score Requirements

Coldwell Banker Home Loans has lowered the minimum credit score requirements for FHA, VA and USDA loans!

For Maximum financing on FHA loans, a minimum credit score of 600 is now required instead of 620. We are also offering financing on FHA loans with 10% down with credit scores down to 500. There are specific requirements on the loans with credit scores under 600, so please make sure that your clients contact us regarding approval.

VA minimum credit score requirements for maximum financing have been lowered to 600! 10% down required down to a 580 credit score!

USDA minimum credit score requirements are now 580! There are a lot of specific requirements for this loan in general, so make sure that your buyer meets these requirements by getting them approved with me.

Contact me for additional information. www.cbdfw.com/rochellefitzgerald.