0
Add your answer:
Earn +20 pts
What is the Minimum FICO score needed to obtain an FHA mortgage?
FHA guidelines do not require a "Minimum" FICO in order to obtain an FHA loan. Many investors that make FHA loans do, however, have a minimum FICO requirement. Contact a knowledgeable Mortgage professional in your area and he will be able to help you with additional information.
What information is needed when applying for credit?
"Usually you will need your SSN. as well as an identification card or the numbers on it and proof of residence. Most require a source of income to be proven, as well as a minimum FICO score."
Is FICO score and credit score the same thing?
IS FICO AND CREDIT SCORE THE SAME THING? IS FICO AND CREDIT SCORE THE SAME THING?
Should you close all credit cards since that FICO score is not needed to buy a house?
I am a mortgage broker. You need a FICO score to buy a home. If you have no credit, keep open at least one credit card so you can build some tradelines.
Is FICO the only credit score company?
No Fico is not the only credit score company. There are three major credit companies as well as Fico. Experian, Equifax and Trans-Union. Each one will give you a different credit score as well
What is the Minimum FICO score needed to obtain an FHA mortgage?
FHA guidelines do not require a "Minimum" FICO in order to obtain an FHA loan. Many investors that make FHA loans do, however, have a minimum FICO requirement. Contact a knowledgeable Mortgage professional in your area and he will be able to help you with additional information.
What information is needed when applying for credit?
"Usually you will need your SSN. as well as an identification card or the numbers on it and proof of residence. Most require a source of income to be proven, as well as a minimum FICO score."
Is FICO score and credit score the same thing?
IS FICO AND CREDIT SCORE THE SAME THING? IS FICO AND CREDIT SCORE THE SAME THING?
Should you close all credit cards since that FICO score is not needed to buy a house?
I am a mortgage broker. You need a FICO score to buy a home. If you have no credit, keep open at least one credit card so you can build some tradelines.
Is FICO the only credit score company?
No Fico is not the only credit score company. There are three major credit companies as well as Fico. Experian, Equifax and Trans-Union. Each one will give you a different credit score as well
How can a FICO credit score be obtained?
A FICO score is obtained with information taken from a person's available credit information. The score is sold by the FICO Company to interested financial institutions.
What is the minimum FICO score needed to get a car loan at a dealership as opposed to a buy here pay here lot?
depending on the state and it's laws some Dealerships can get anyone a loan no matter what your credit is. Interest will be as high as 21% but it gets you a loan
What are the 3 credit agencies that make up the FICO score?
Credit bureaus don't make up a FICO score. FICO score are based on the information on a consumber's credit bureau file. There are 3 credit bureau's are: Equifax Trans Union Experian
Where can someone get their FICO Credit report?
One can obtain their FICO credit report from the My Fico website. Credit reports can also be obtained from Equifax and TransUnion. People can get one free report each year from each company through the mail.
The difference between FICA and FICO?
FICA is an acronym for Social Security. FICO is one for a credit score provided by one of the credit agencies.
Where could one get a free Fico credit score?
Fico credit score can be found at MyFico. In there one can get information about his credit score as well as about his credit reports, all onine. The use of the site is for free.
What does a 331 FICO score mean?
A 331 FICO score means in plain english---You have horrible credit. You can`t even get bubblegum on credit :P
