What Score Do You Need to Get a Loan?
Channel: Jan Leasure
Date: 2020-04-02

Today I’m coming to you with a warning. As of a few days ago, the FHA was providing credit score-driven loans with a middle score as low as 580. Unfortunately, to now purchase a house on a government loan, you need at least a 680 middle score. It’s also tough for us to lock in a decent mortgage rate for you right now because of everything going on due to the health crisis. Although everyone is currently stuck at home, this is actually an ideal time to work on your credit. To learn more about the way loans are currently being given, watch my latest video.

The decision to buy or sell a home shouldn’t be made lightly. Here at Jan Leasure Diamond Residential, we want to help make that decision easier by providing you with relevant, educational information about Libertyville, IL real estate and the Libertyville real estate market right here on our YouTube channel. Whether you’re looking for helpful tips about buying a home, selling a home, or the latest market statistics, we’re here to bring that information together all in one place. We have a passion for helping homebuyers and home sellers achieve their goals and we’d love to talk to you about how we might help you achieve yours. If you have any real estate-related questions for us, don’t hesitate to reach out to us via phone or email today. 

Jan Leasure
Division President
Diamond Residential Mortgage
NMLS #213431
533 N. Milwaukee Avenue
Libertyville, IL 60048
Phone (847) 362-1335
jan.leasure@thedrmc.com