California First Time Home Buyer with Under 620 Credit Score Obtains FHA Loan

Is it really possible for a California first time home buyer with under 620 credit score to obtain a FHA loan? Most people would disagree. The Jonas Kruckeberg Team fights day in and day out for clients to obtain their dream of homeownership, so to all the naysayers let this be a demonstration that it can happen.

Amidst all the negativity in the mortgage market, in the media, in your e-Mail, we all need a little good news. Hearing a success story can be invigorating and/or inspirational. Here’s a recent success story that could help you or someone you know maneuver the way to homeownership through FHA.

Caroline is a first time home buyer with a 609 FICO score and several unpaid medical collections which disqualified her from almost all FHA lenders since they require at least a 620 score and up. If her brother did not refer her to me, she would still be attempting to rid herself of past debts & collections to raise her score. I assessed her credit, income, assets and found a lender that would accept the lower credit score. After several days of building the file to completeness, we received a full approval from the FHA lender and went straight to ordering loan documents to be signed.

Caroline jumped in her car with her husband, drove 40 miles one way to my office & thanked me, high fived me, blessed me for being THE loan officer that said YES to working with them to obtain their home (no one else wanted to assist).

Do you know anyone that is a first time home buyer with a sub 620 credit score that would like to purchase a home in California with a FHA Loan?

Call 951-506-HOME (4663) to schedule your free strategy session so you too can become a happy homeowner. You may use my Complete Secure application for a California FHA Loan online or Download a California FHA Application to fax or email.