Buyers purchasing a home as a primary residence that have a minimum 580 credit score, two years verifiable work history and an appropriate debt-to-income ratio of less than 55%. There are other qualifying factors but these are the basics.
Debbie Scarantino with Bank of England Mortgage Tennessee is a credit counselor. If you have further questions about how you might secure a home loan please feel free to use this form to ask your questions and we will be happy to get back in touch with you.
Disclaimer: This is not a commitment to lend or extend credit. All loans are subject to credit approval including credit worthiness, insurability, and ability to provide acceptable collateral. Not all loans or products are available in all states or counties. Bank of England Mortgage is a division of Bank of England. NMLS 418481. Member FDIC.