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Home > Archives for Home Loan Information

Home Buyer Lending Guideline Cheat sheet

October 3, 2017 by Luxe Real Estate Group

Home Buyer Lending Guideline Cheatsheet

Check out our home buyer lending guideline cheat sheet before you purchase your next home! Let's begin by looking at one of the most important lending factors--your FICO score. The FICO score requirement will vary based upon the type of loan--always consult with a reputable lender before beginning the home buying process. The FICO score required may also vary depending upon the amount of the down payment: 2017/2018 FICO Requirements (subject to change) Conventional loan: 620 Jumbo loan: 680 FHA: 580 VA: 580 Note: Consult with your lender regarding jumbo loans that allow for less than a

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Filed Under: Home Buyer Tips Tagged With: AZ Home Buyer Tips, Home Loan Information

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