FHA loans with a minimum 500 FICO

Elite Financial has modified our FHA loan requirements to need only a 500 FICO score on our FHA loans. Now we make it easier than ever to help consumers purchase a new home using excellent government loan terms and pricing. If poor credit has kept your clients from purchasing or refinancing, now is the time to help them.

On a standard FHA loan we are often able to get approvals with debt ratios up to 59% debt to income. For this program lower ratios will apply based upon AU findings. In addition, a larger down payment may be required (15% or 85% loan to value). Excellent FHA interest rates are available to help qualify borrowers.

If you require a pre-approval or additional information, please contact us. We believe this loan program will help consumers obtain their financing goals and help Real Estate Professionals sell more homes.