My credit scores are the following 532,620,592 do I qualify for a conventional loan?

Credit score is only one factor when applying for a loan. That being said, for a conventional loan you will need your middle score to be at least a 620. If you want to do a FHA loan your scores are high enough, or VA. Remember scores are only one factor, you still need to meet all other guidelines as well.

Typically, no. But credit score alone isn't the only determining factor on whether you qualify. Likely, the issue(s) helping to generate your 3 credit scores would be the reason you might not qualify. The 2 most common factors we see affecting scores are revolving credit card balances and collections accounts. Be careful not to take the advice of a lender that tells you to pay off collection accounts as this can actually lower your scores further. With a few tweaks to the factors determining your credit scores you can help remove the likelihood of being turned down on the merits of credit score alone and focus more on what you DO actually qualify for based on debt-to-income ratios, reserve requirements, length of employment and/or what's referred to as payment shock. Also, do a Google search for FNMA Loan Level Price Adjustments. This will show you what the "add-on's" are to your base interest rate for your credit score and loan-to-value. With lower credit scores the add-on's may be more than the law now allows and make your loan harder to approve. As you can see, credit is only one factor in determining your approval. I hope this helps you...

Your middle score of 592 can qualify you for FHA loan with other compensating factors.Also, the issues that caused your scores to be low have to be addressed.Call me to discuss further. 478-330-6382

Not normally, no. I can so FHA loans down to a 580 score, or even a 560 with additional down payment. I also have access to free software which enable me to run unlimited scenarios for things we could do as well as how it would affect your score. In addition, I can use this software to project out in time so we can see what the effect will be in one month, or two, or more. Often I can get peoples score up significantly while we process their applications which results in a better rate at the settlement. I'm happy to help with the financing or just give you advice. If you need more information, or a competing rate quote call, email or use my live support button to discuss or get in touch with me. Web Address for live chat or quote is: http://www.loansfromrob.com/quote/ Email is robertlh66@verizon.net and direct phone is 240-752-7549. Good Luck -- Rob Hanson

Conventional loans typically require your middle score (not the highest or the lowest) to be at least 620 and yours it 592. Typically there are reasons the score is that low and a knowledgable mortgage banker can often give recommendations to help you improve your qualifications within a month or two. Remember that score is just one factor in approval, but it does have a significant impact on the rate you would pay and any PMI that is required. pdumouchel@primelending.com or 843-619-6025 http://pdumouchel.primelending.com **PrimeLending was the #4 purchase mortgage lender in the US in 2012 and 2013 as determined by MarketTrac(c) for Jan-Dec 2012 & 2013

With that credit score you could potentially qualify for a FHA or VA loan, but many other factors determine whether or not you will qualify in addition to your credit score. In order to get a better interest rate, I would suggest trying to boost your credit score. Are there any debts that you can pay down or are there incorrect disputes on your credit report?

Regardless of pie in the sky answers that you may get a loan, the reality is that with those scores, you and going to have a very difficult time. Rather, I suggest you spend a little time with a professional to figure out why your scores are so low and try to fix them before applying. If you can get that middle score up over 620, or better yet 640, you are going to be in much better position.