• Call/Text: (813) 784-7744
    • Send Me an Email

The Tampa Real Estate InsiderThe Tampa Real Estate Insider

South Tampa Realtor

  • Menu
  • Home
  • Meet Rae
  • Search
    • Advanced Search
    • Map Search
    • Listing ID Search
    • Address Search
    • Browse by City
    • My Account
  • Buyers
    • Buying With Me
    • Featured Properties
    • Mortgage Calculator
    • My Listing Manager
  • Sellers
    • Selling With Me
    • Sold Portfolio
    • FREE Home Valuation
  • Communities
    • Channelside District
    • Downtown Tampa
    • South Tampa
    • Seminole Heights | Tampa Heights
    • Gulf Beach Area | St. Petersburg | Clearwater
    • Westshore Marina District
    • Downtown St. Pete
    • Cheval Golf Community
  • TREI Blog
  • Get in Touch
  • Rave Reviews

New Lower Minimum Loan Scores Allowed for FHA Financing

New guidelines for FHA financing.

The positive news is that anyone who needs a mortgage and has a 600 or less credit score may qualify for FHA financing based on the below criteria.

Unfortunately, if you have gone through a short sale process and still have a credit score above 500, you will not qualify to purchase a new home for 3 years from the time of the short sale.

Credit Policy Enhancement: Lower Minimum Loan Scores Allowed for
FHA Purchase Transactions

The following Credit Policy enhancement is being made by Wells Fargo Home Mortgage for FHA Purchase transactions.

image

See Also: How Homepath Mortgage Financing Works

Search all houses for sale in Tampa Bay here

Need to get pre-qualified? Send us a message here

Posted in: FHA loan limits, Financing and Mortgage News Tagged: FHA loan limits, Financing and Mortgage News

Post navigation

« Tampa Real Estate Team Wins Top Sales Award-Prudential South Tampa
Unstable HOAs-What You Need To Know Before You Buy-Tampa, Fl »

Search Our Blog

Search for:

Browse by Category

Browse by Topic

Best Neighborhoods in Tampa Best Places to buy a home buyers market tips Buying a Home buying real estate in tampa Channelside Condos For Sale Choosing the Right Realtor Condo Market News Condo Market Update Tampa current housing market in tampa florida Downtown Tampa Condos and Lofts Downtown Tampa Updates Financing and Mortgage News First Time Home Buyers First Time Home Buyer Tax Credit First Time Home Buying Advice Foreclosure Statistics Tampa FL Historical Neighborhoods-Tampa homestead tax exemption How to sell as short sale investing in condos Investing In Real Estate Luxury Home Communities new construction tampa property tax update Real Estate Investing Tampa real estate market tampa real estate news Relocating to Tampa sales statistics Selling Your Home Short Sale Process Tampa Short Sale Realtors Tampa South Tampa Real Estate Tampa Housing Market Tampa Real Estate Tampa Real Estate Market Tampa Real Estate News Tampa Realtors Tampa Relocation Guide Things to Do in Tampa Tips for Listing your home Tips for Sellers Top tampa realtors When is a good time to buy?

Explore Communities

  • Channelside District
  • Downtown Tampa
  • South Tampa
  • Seminole Heights | Tampa Heights
  • Gulf Beach Area | St. Petersburg | Clearwater
  • Westshore Marina District
  • Downtown St. Pete
  • Cheval Golf Community

Recent Posts

  • Inventory May Never Be This Low Again | Tampa Housing Market 2021
    Inventory May Never Be This Low Again | Tampa Housing Market 2021
    16 hours ago
  • Thinking of Cashing in on Real Estate in 2021? Housing Market Predictions..
    Thinking of Cashing in on Real Estate in 2021? Housing Market Predictions..
    19 hours ago
  • Top 3 Results You Should Expect From Your Realtor
    Top 3 Results You Should Expect From Your Realtor
    2 days ago
  • Tampa’s Highest Priced Neighborhoods-Luxury Real Estate Report
    Tampa’s Highest Priced Neighborhoods-Luxury Real Estate Report
    5 days ago

Rae Anna Conforti

  • Call or Text Me

    (813) 784-7744

  • Send Me an Email

    Ready to Help

  • 1001 S. MacDill Ave

    Tampa, FL 33629

© 2021 Tampa Real Estate Insider | All Rights Reserved

Agent Reputation – Real Estate Website Design

Privacy Policy | DMCA | Sitemap