Do you know the cons off Quicken Funds?
- 15- and you may 30-year fixed-speed and you may YOURgage mortgages need a credit rating of 620 or high, a downpayment off step 3% or even more, and you may a great DTI proportion of fifty% or reduced.
- Adjustable-rate mortgages require a credit history regarding 620 or more, a deposit of 5% or maybe more, and a good DTI ratio from fifty% otherwise reduced.
- Jumbo money wanted a credit history out-of 680 or more, a deposit with a minimum of ten%, and you may good DTI ratio out of forty five% or smaller.
- FHA fund need a credit history out of 580 or even more, a down payment regarding step three.5% or more, and you can a DTI proportion from 50% or faster.
