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Categories: Brett's Mortgage Blog

Major Banks Going To 640 Credit Score Cut Off For FHA… But, Not Me!

Good Morning!

There was an announcement in the mortgage market late last week that many of the major banks have gone to a minimum score of 640 for all FHA loans.

…Well, that may be the case for them – but not me!

I’m still doing Automated FHA loans down to 620.

…and, I’m still doing manual FHA loans down to 600!

So, if you want an FHA loan and your score is between 600 and 640 – you know where to come for your loan.

…to me!

P.S. – Be looking for another credit tip video coming out from me tomorrow.

Thanks for reading – and have a great day!

Brett

P.P.S. – Columbus day is this coming Monday. Christopher Columbus was born October 31, 1451. …So, in honor of old Chris – I’m offering a full appraisal reimbursement ($400!) through the end of October if your birthday falls in October! 🙂

Brett Sampson

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