The Federal Housing Administration has insured FHA loans since 1934. Throughout that time, the FHA directions have changed a great deal. The minimum FHA credit score requirement was 640 at one point. Now, the FHA is insuring loans for house purchasers with fico scores only 500.
Bad Credit FHA Loans
A credit that is bad loan will assist you to be eligible for home financing with low fico scores in accordance with no minimum income requirement. [Read more…]