loan,banking and credit
*Loan,banking and credit>>>credit score

Can I get a 100% loan with a 684 credit score?


Can I get a 100% loan with a 684 credit score?

If you are speaking about a mortgage, the answer is yes, as long as you are doing what's known as a full document loan, meaning you provide all your income documents to prove that you can make the payments.

If you can provide proof of ability to pay the mortgage, your credit rating already says you have the willingness through the score being higher than average. Therefore, you should have no problem getting either a 100% one loan mortgage or a 80% first combined with a 20% second so that you won't have to pay pmi, (private mortgage insurance).

If you are located in Florida, I'd be happy to speak with you or have one of my loan officers do so to see if we can prequalify you for a loan. The website is www.achievablemortgages.com.
I don't think 100% but u should get a good deal..
What type of loan are you talking about? If you are talking about a mortgage, then you probably could. When I got my first mortgage 2 years ago, my credit score was in the mid 600's and I financed 100% of the purchase price. Of course, your credit score is not the only thing the lender looks at. They look at your debt to income (DTI) ratio and carefully look at your credit report. I didn't finance the whole amount in one loan, though. I ended up doing 2 loans, one for 80% and the other for 20% so that I didn't have to pay mortgage insurance.
Personal experience.
Yes. If you go sub-prime you can go 100% LTV. If you go conventional, you will most likely be looking at a combo loan. Such as an 80/20 or a 75/25. These are convenient because you will then not have to pay escrow or pmi if you do not want to...good luck...
I am a mortgage broker out of upstate NY
Tags
credit counseling credit debt credit line credit repair credit report credit score credit card online bad credit loan bank of american bank of china
Related information
  • Can I get a 100% loan with a 684 credit score?
  • Is it possible to get contract cell phone service with bad credit score. My score is 520. I want tmobile?
  • Whats the fastest and easiest way build your credit score?
  • Trying to find additional ways to increase my credit score?
  • My 3 credit scores (exp,transU,Eq) are very different, and my report doesnt show evertything. why?
  • Where can i find someone to put me on as an autorized user on their credit cards so i can raise my score?
  • What is the best way to repair my credit? My score is below 500.?
  • We are buying a house. We had to pay off a debt to raise our credit score quickly, but another came up?
    •    

    SiteMap--Copyright/IP Policy--Contact Webmaster--Resource of HR
    For personal non-commercial use only.