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Blog PostCredit Scores
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Ken Goldberg wrote:
Are we still accepting 580 Credit Scores? I was just told it is now 680 for the lenders.
Yes!! we are still accepting 580 Credit Scores. Nevertheless, until things normalize from the pandemic, all Down Payment Assistance recipients who Onboard with less than 680 Credit Scores will be directed to enroll in our Credit Supplements program before they are moved to our Preferred Lender's Processing Department.
The Lender's processing department will then monitor the homebuyer's progress with said Credit Supplements; this is typically a 2-3 weeks process. After that, all homebuyers will be assisted to the best of our abilities regardless of what results come back from the Credit Supplement providers
TO YOUR SUCCESS!!
Blog Source Reference: FundMyHome.org
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