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 History and Score Requirements. For those interested in applying for an FHA loan, applicants are now required to have a minimum FICO score of 580 to qualify for the low down payment advantage, which is currently at around 3.5 percent.