Wells fargo is not only a mega bank but also a mega mortgage lender.
Wells fargo 500 credit score home loan.
Thus some non qm loans can be found with credit scores as low as 500.
Wells fargo is displaying your fico score for educational purposes and as a benefit to support your awareness and understanding of fico credit scores and how they may influence the credit that s available to you.
Wells fargo home mortgage review for 2020.
Learn why so many people choose wells fargo home mortgage here.
A home mortgage consultant can discuss loan amount loan type property type and homebuyer education to determine eligibility.
But like with an fha loan you re much more likely to find a lender who will approve you with a fico score of 580 or higher.
Going forward the bank is accepting fha loan applications from borrowers with credit scores as low as 500 though they must come up with a 10 percent down payment and sport a maximum debt to income ratio of 31 percent.