FHA is a better way to go.. with conventional, if you can find a lender that will allow 637, will be priced so high, you're better off with FHA.... I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com
You can probably get DU approval with a 637, but I don't know of a PMI company that will approve with a score that low. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ Licensed in California and Arizona ~ www.LoansA2z.com 888-889-9950
You can do a conventional loan with a 637 credit score. We cover FL. Please contact us to discuss further. 201-962-3555 Team@BestMortgageOption.com
I need more information.... are you looking to refi or purchaser? and where did you get your score?? If you got it online for free, sometimes it will score lower, and if you look at the fine print, a lot , not all free credit reports are credit clean up companies ,and it is to get the phone to ring... yopu can contact me via the phone 502-330-1598 or email at yourloanpartnerforlife@live.com
Looks like Ralph is a lender? (email address is @abolutelowrates.com) 637 is possible with 80% LTV but the rate could be ugly due to the low score unless the borrower qualifies for a MCM mortgage.
- and of course, whether it is a refi, HARP eligible, etc.
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