You'll also see your Snapchat score next to your name beneath the Snapchat logo. Speaking of this logo, tap it to add a custom favicon/selfie that'll appear next to your name. If you want skip all that, swipe from the bottom and exit the contact screen.
The credit score home loan scale that is most often used is 300 to 850. The Federal Housing Administration (FHA) will allow a borrower with a 500 score to secure a loan, Parsons said, however, thereâs no guarantee that a lender would help make that happen, even with a 10% down payment.
FHA loans: Like VA loans, FHA loans are backed by the federal government. Thereâs no credit score minimum, but most FHA lenders prefer a score of at least 620. In 2014, some lenders theoretically dropped their minimum score to 580, but lenders have generally set higher standards since the mortgage meltdown. Successful FHA borrowers typically have higher scores. The average credit score for all FHA purchases in 2014 was 684, which is well above the minimum 580 score. FHA loans also require a down payment of 3.5 percent, as well as both an up-front mortgage insurance premium and monthly mortgage insurance, which now runs for the life of the loan.