The ^ symbol is called a caret. Microsoft Word Symbols calls it a Circumflex Accent which is what that symbol is called when placed above a letter in French in words like foâ¦rÃªt. A caret is often used to show where information or text should be added, when proofreading and editing.
If your credit score is over 580, then you can get an FHA loan with a down payment of 3.5%. As of 2015, there is at least one lender approving FHA loans for borrowers with scores down to 550, with an LTV maximum of 90%. For borrowers with sub-620 scores, the lenders have tougher requirements.
Credit: The minimum credit score is 640 and you may qualify for the program with a limited credit history. For example, 2 credit accounts with a 12 month history and a 12 month rental history may be enough credit history to qualfiy for this program. first time home buyer who want to utilize the USDA zero down payment program and learn about eligibility should seek a loan officer who has experience with these type of loans because the guidelines and procedures are different than any other program.