When will we qualify for a VA or FHA loan? 550 credit score this june, making 45,000 a year?

I make 45,000 a year and have a 550 credit score as of June of this year, and have been on track since then (no late payments or anything derogatory since then) when will I realistically qualify for a VA loan or a FHA loan? What if I got a creditworthy co-signer. My bills are about 0 a month. I have no thought what to do can someone please help.

Related FHA and HUD Posts

Tags: co signer, credit score, creditworthy co, FHA Credit, fha loan, late payments

This entry was posted on Monday, June 8th, 2009 at 8:22 am and is filed under FHA Credit. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
Top incoming search terms for this post

computers internet blog,

One Response to “When will we qualify for a VA or FHA loan? 550 credit score this june, making 45,000 a year?”

david b says:

June 8, 2009 at 8:22 am

ALL OF YOU ARE INCORRECT…….FHA IS THE WAY TO GO…YOU JUST NEED ABOUT 30 POINTS TO YOUR SCORE….580ISH….AND OF COURSE IT DEPENDS ON WHAT IS CAUSING YOUR SCORE TO BE SO LOW…IF ITS RECENT LATES…YOU HAVE TO HAVE A SOLID EXPLANITION OF WHY YOU ARE LATE….IF ITS HIGH BALANCES ON CREDIT CARDS…YOU CAN PAY THEM DOWN AND GET A RAPID RESCORE AND YOUR NUMBERS WILL MORE THAN LIKELY INCREASE…..THERE ARE PLENTY OF LENDERS OUT THERE THAT CAN AND WILL HELP YOU WITH ALL OF THIS…..LIKE I SAID…FHA IS THE ONLY WAY TO GO…..AND ITS NOT THAT HARD….OF YOU NEED MORE INFORMATION…LET ME KNOW…I CAN GIVE YOU SOME CONTACTS…..

Tags: co signer, credit score, creditworthy co, fha loan, late payments,

Related results on When will we qualify for a VA or FHA loan? 550 credit score this june, making 45,000 a year?

Irvine Housing Blog - Irvine Real Estate and Irvine Homes - No ...
So, too, he says, has the FHA effectively supplied credit to goose sales.? Yes, we replaced subprime with FHA (and the GSEs), and we put thousands of people into homes with 3.5% down FHA loans, money renters likely to fall 10% or more ... Bulls would have us believe that Irvine and Orange County are so desirable that wealth will concentrate here in abundance saving our housing market and making it different than the rest; it is a compelling narrative with a small kernel ...

The Automatic Earth: February 1 2010: How (not) to lift the value ...
The author estimates prices would fall 50% to 75% from today's level if Fannie, Freddie, and the FHA stopped making loans. Private investment in mortgage loans has disappeared. Without government lending most purchases would have to be made ... Consumers have been hit with falling prices since as early as June 2006. The numbers show current national losses of between 8% and 30%. This summer we will reach the fourth year of a general trend of falling real estate prices. ...

When Will We Qualify For A Va Or Fha Loan? 550 Credit Score This ...
I make 45000 a year and have a 550 credit score as of June of this year, and have been on track since then (no late payments or anything derogatory since then) when will I realistically qualify for a VA loan or a FHA loan? ...

FHA Home Mortgage Loan Interest Rates