This just in from Evergreen Mortgage:
FHA; 3.5% Down payment, minimum credit score 580, non-traditional credit allowed
· Conventional; minimum 5% down payment, minimum credit score 620, non-traditional credit allowed
· My Community conventional mortgage; minimum 3% down payment, minimum 620 credit score, non-traditional credit allowed
· USDA; Zero down payment minimum credit score 640 per USDA changes Dec. 1st, 2014, non-traditional credit allowed
· VA; Zero Down payment, minimum fico 580
· Manufactured homes; FHA, VA to 600 credit score for purchase, Conventional requires 660 credit score
Raymond Gravelle, Broker
Realty Executives Grant County
Your Residential & Commercial Expert
509.771.0027 cell/text
509.771.0027 cell/text
509-498-2056 fax