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Julio A

what's the current minumum fico score for doing a stated home mortgage refinance deal?

asked by Julio A - 3 Answers

i want to refinance my home,but my broker tells me that the minumum fico score is constantly changing,so,i want to exactly know what is the minumum score to do a stated refinance mortgage deal right now?

loan_solutions

Best Answer by loan_solutions

at my brokerage we can currently do 70% LTV with a minimum of a 680 score. i don't know what that guy was talking about income for, the whole purpose of a stated loan is for people who don't have enough income. if your score is over 700 however we can go higher on the LTV ... See all 3 answers

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