FHA Loans For Credit Scores 620 & Above

Nationwide FHA Lender

FHA Lenders for 600 Credit Scores PrimeLending Offers FHA Lending For Borrowers with 620+ Credit Scores (Most Other Lenders Require 640+ to Qualify for FHA Lending). PrimeLending has secured an agreement with investors, allowing The Leaman Team to offer FHA loans to qualified borrowers with FICO credit scores of 620 & higher.

[highlight bg=”#fffd50″ color=”#000″]Most other lenders require FICO credit scores of 640 & higher for FHA loans.[/highlight]  
[highlight bg=”#fffd50″ color=”#000″]The Leaman Team with PrimeLending can close FHA loans in 30 days or less.[/highlight]


Qualifying Information:

  • Fixed-Rate FHA Loans Only
  • Primary Homes Only (Non-Occupying Co-Borrower are OK)
  • Purchase and Rate/Term (Cash-Out Refinance and Streamline Refinance NOT allowed)
  • Single-Family Residences, Condos, Planned Unit Devlopment (PUD) Only – (No Multi-Family Properties Allowed)
  • Maximum Debt-to-Income Ratio 43% – No Exceptions
  • 4 Months Reserves Required (From Borrower’s Savings or Checking – Not Retirement)
  • High Balance (Over Normal FHA Maximum Loan) Not Allowed
  • All Installment Loans Under 10 Months Included in Debt-to-Income (DTI) Ratio
  • All Deferred Student Loans Must be Included in Debt-to-Income (DTI) Ratio
  • No Declining Income
  • Maximum Seller Contribution – 3%
  • No Late Mortgage Payments in the Last 12 Months
  • Bond/Down Payment Assistance (DPA) NOT Allowed
  • HUD $100 Down Program NOT Allowed
  • No Property Flips

Have questions?

Contact The Leaman Team
Email: Team@MaxLeaman.com
Toll-Free: (800) 301-3405