FHA 203(b) Loans for North Carolina borrowers with 620 Fico Scores

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Until recently, getting a loan to purchase a home in Raleigh North Carolina for borrowers with credit scores greater than 620 but less than 640 was nearly impossible. However, because of the improving real estate markets, lenders are beginning to once again to loosen their credit guidelines.

Will we return to the sub 600 fico score days? hopefully not!

AES Lending, a Raleigh-Cary North Carolina Based Mortgage Lender has partnered with a nationwide investor to provide access to affordable, government insured FHA mortgage loans to borrowers who have credit fico scores of at least 620. Get started today with a free pre-qualification here.

Click here for  a Free Pre Qualification and credit review
Click here for a Free Pre Qualification and credit review

Ricardo Cobos is a licensed mortgage loan officer  in Raleigh-Cary-Durham North Carolina who has been helping families achieve financial security through responsible home-ownership since 1998.
(919) 526-0183

This article was written by ricardocobos

Since relocating from Northern Michigan in 2007 I have lived in Garner (27529) with my wife Melanie and our four children. I am a local market expert in southern Wake County in the following communities: Garner (27529), Fuquay-Varina (27526), Holly-Springs (27540), Apex (27502), and Raleigh (27603) which spans from downtown Raleigh to Willow Spring including Lake Wheeler.
Call or email me, I’m here to help!

Ricardo Cobos (919) 526-0183