FHA is making some exciting new changes to their already amazing program and I’m here to bring the news to you first! As of January 15th, 2011 the new minimum credit score to qualify for the FHA loan is now 500 with a minimum 10% down payment and the 3.5% minimum down payment has a new credit score minimum as low as 600 (changing from 620). Check out this short video to learn how Wells Fargo is being proactive and creating more opportunities to even more buyers.
For detailed information on Minimum FICO scores and LTV ratios follow this link – http://www.irvinerealestatelink.com/n…
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