Credit/Fico score for mortgage?

What does my score need to be around to get a mortgage for 130,000.00 with no money down for a condo??

Public Comments

1. It varies. Talk to several mortgage brokers.
2. Probably high 700's to get the mortgage if everything else checks out. Getting a no-money-down mortgage in today's climate will be difficult if not impossible. Check with a variety of lenders. If a realtor is involved, they might be able to help you find someplace to make the loan.
3. The Fannie Mae Flex 100 is a conforming, 100% financing option and does not have a firm credit score requirement. The credit, income, asset and property information is input into Fannie Mae's automated underwriting system. If you have some assets and a low debt-to-income ratio, you should get approved with a score as low as 620. Good Luck.
4. A 620 score should qualify you for some good Fannie Mae/Freddie Mac programs.