What is the Minimum Credit Score for an FHA Loan?

What is the Minimum Credit Score for an FHA Loan?

If you’re looking to get an FHA loan, you’re probably wondering what the minimum credit score is. Here’s what you need to know. Checkout this video: The Basics of FHA Loans FHA loans are a type of government-backed mortgage insurance, and they have been around since 1934. The FHA insures lenders against losses that might…

Which Accounts Normally Have Credit Balances?

Which Accounts Normally Have Credit Balances?

Accounts that are considered to have normal credit balances typically include assets, expenses, and equity. Checkout this video: Accounts that Normally Have Credit Balances Most people are familiar with the term “credit” in relation to a financial transaction. When you make a purchase with a credit card, for example, you are borrowing money from the…