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re: FHA Loan?

Posted on 6/10/13 at 10:38 am to
Posted by lsu tigerdog
Baton Rouge
Member since Nov 2007
248 posts
Posted on 6/10/13 at 10:38 am to
on the conventional side, you'll need a credit score of 740 and above. anything lower can affect your rate. min down payment is 5% down and pmi is not as painful compared to the fha pmi.
Posted by Furbs311
South Carolina
Member since Oct 2005
516 posts
Posted on 6/10/13 at 8:06 pm to
Talked to the broker again today and brought up that I would rather do 95/5 conventional. He said the problem is I had three months unemployed last June-Sept and since I don't have a couple years of continuous employment.

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