Just recently, most of the national banks, brokers and wholesale lenders have increased their minimum fico score requirements on FHA loans to 620.   We have seen a spike in loans being declined by lenders due to scores being below 620.   

If your credit score is between 580 to 620, I know that Nova Home Loans is a direct endorser with HUD for FHA loans and still has the ability to approve FHA loans for those buyers who have a FICO score down to 580. 

If you would like to speak to someone knowledgable at Nova, drop me an email and I can give you his name and telephone number.  He works nights and weekends also!

Chris