The English prefixes syn-along with its variant sym-, derived from Greek, mean âtogether.â You can remember syn-easily by thinking of synonym, which is a word that goes âtogetherâ with another word because it has a similar meaning. You can remember sym-by thinking of symphony, which is a group of instruments making sound âtogether.â
Conventional construction loans usually require credit scores of at least 680, usually 720 plus. And, any loan where you put less than a 20% down payment will require that you pay mortgage insurance. An FHA construction loan sounds like it would work well for you. There are few lenders that do those loans, but my lenders does.
Credit scores needed for a mortgage loan. Helpful to 19 out of 20 people. You will need a 580 credit score to get an FHA loan, 580 for VA in certain states. There are conventional loan programs for borrowers with a 620 credit score and 3% down, you just have to find the right lender to work with you.Check out The Lenders Network to get referred to a lender that has bad credit loan programs.redit scores needed for a mortgage loan. Helpful to 19 out of 20 people. You will need a 580 credit score to get an FHA loan, 580 for VA in certain states. There are conventional loan programs for borrowers with a 620 credit score and 3% down, you just have to find the right lender to work with you.