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Friday, September 3, 2010

FHA won't insure low credit score borrowers under new guidelines

This has been talked about for the past couple of months.  FHA won't insure your loan if you has less that 500 FICO.  Sidebar: Doesn't anyone know of a lender that will lend to you under 500?  In addition scores from 500-579 now requires a 10% down payment.

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