Quote Originally Posted by DFBrews View Post
I dont know those terms yet will look into them.

credit is the interesting one. i have a 625 ish score. but the person i am buying the house with has pristine credit. I make more than her though does that effect anything?
640 is the minimum for FHA lender overlay. Lender won't use your income/credit unless you are at 640 mid score. The good news is to raise 20-40 points within a month is real easy and free. PM you w/ some links.