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Reply to "670 score, 16k, want to borrow 700k"
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[quote=Anonymous][quote=Anonymous]Your credit should be good enough for an FHA loan with 3.5% down. You will need money for closing costs too so you would still need to save a bit more.[/quote] Where are you looking to buy? In DC hot market, sellers aren’t looking kindly on FHA loans because you can’t waive inspection or appraisal contingencies. Not to mention they will look to see if you have enough to close and extra in case house doesn’t appraise.[/quote]
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