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.
1 620: Minimum credit score for 95% financing, to qualify for the lowest down payment. 2  640: Typical minimum credit score required by mortgage lenders for conventional loans. 3  680: Threshold for borrowers to qualify for reduced interest rates. 600: Accepted by few lenders, requires a larger down payment. 2  620: Minimum credit score for 95% financing, to qualify for the lowest down payment. 3  640: Typical minimum credit score required by mortgage lenders for conventional loans.