The FHA standards to possess credit score and down money is much below for old-fashioned loans

The FHA standards to possess credit score and down money is much below for old-fashioned loans Borrowers is also commercially be eligible for an FHA financing which have fico scores of at least 580 and you will a downpayment from merely step three.5 percent, centered on HUD. Individuals with a 10% deposit are eligible which…