FHA Home Mortgage Loan Interest Rates

3 Responses to “what interest rate for a mortgage can i expect with a credit score around 580?”

1. OJ in Vegas says:

   January 25, 2010 at 12:17 pm

   Sorry to say, that’s a really poor score and you will end up paying “Sub-Prime rate” which is usually a high interest rate.
   http://www.badcreditfixup.com/credit-score.php
2. Jenny S says:

   January 25, 2010 at 1:10 pm

   You will be lucky to even get a mortgage in this market. Haven’t you heard of the credit crisis that’s driving our economy in to recession?
   Banks are getting stricter about who they lend money to now.
3. yoko1san says:

   January 25, 2010 at 1:23 pm

   580 is not a gorgeous number to mortgage lenders. So I guess you’ll have to expect a high interest rate. An experienced mortgage broker might be helpful in this case cuz he/she can help you shop around and negotiate for the best possible deal.

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