[Ollie]

The phrase “a three-legged dog going postal” is an idiom that originated in the United States and is used to describe someone who becomes extremely angry or loses control, often violently or destructively. It typically implies that the person’s behavior is irrational, unpredictable, and potentially dangerous.

The term “going postal” gained popularity in the 1990s and is believed to have originated from a series of violent incidents involving postal workers in the United States. These incidents, which included cases of postal workers committing acts of workplace violence, led to the coining of the phrase “going postal.” However, it’s essential to note that the term should be used with caution, as it can be seen as insensitive or offensive, especially in contexts unrelated to the original incidents.

In contemporary usage, “going postal” is often used more broadly to describe anyone who exhibits sudden and extreme anger or violent behavior.

[Ollie]

Looks like Mortgage Rates have stabilized for now

[Ollie]

What if the property is being sold to a new buyer. The seller bought it less than six months ago.

[Ollie]

There are many marriages that last forever.

[Ollie]

I have Eddy Perez and Kevin DeLory on my Facebook page feed and enjoy their videos.

[Ollie]

Chris Christie is abnormally obese which is not healthy and grotesque. He either has health problems or a over eater. Christie needs to either get into a dieting and exercise regiment going or seek help from medical professionals or check himself in to a fat farm with medical professionals and doctors who can help with his obesity.

[Ollie]

I love Bari Beef. The best beef in the nation.

[Ollie]

The Federal Housing Administration (FHA) provides mortgage insurance to lenders to make homeownership more accessible to borrowers with lower credit scores and down payments. While the FHA does not have a strict minimum credit score requirement, most lenders that offer FHA loans typically have their own minimum credit score requirements.

While it may be possible to find lenders willing to work with borrowers who have credit scores as low as 500, it’s important to understand that such borrowers may face several challenges:

1. Limited Lender Options: Few lenders are willing to approve FHA loans for borrowers with credit scores in the 500s. You may need to search extensively for lenders who offer such loans.

2. Higher Interest Rates: Borrowers with lower credit scores are considered higher risk by lenders. As a result, they may be charged higher interest rates compared to borrowers with better credit scores.

3. Larger Down Payments: Lenders may require larger down payments from borrowers with lower credit scores to offset the perceived risk.

4. Stricter Approval Criteria: Lenders may have stricter requirements regarding income, debt-to-income ratio, and employment history for borrowers with lower credit scores.

5. FHA Guidelines: While the FHA itself does not set a specific minimum credit score requirement, it does have guidelines that lenders must follow. Lenders may have their own overlays on top of these guidelines.

Keep in mind that lending practices can change, and policies can evolve over time. If you are interested in an FHA loan with a credit score of 500, it’s advisable to consult with multiple lenders, mortgage brokers, or loan officers to explore your options. Improving your credit score before applying for a mortgage is also a good strategy, as it can help you qualify for better loan terms and lower interest rates.

Since my knowledge is not current, I recommend contacting lenders or mortgage professionals to get the most up-to-date information on FHA loan requirements and options for borrowers with lower credit scores. They can provide you with specific details based on your financial situation and credit history.

[Ollie]

The specific credit score needed to qualify for various financial products or services can vary depending on the lender, the type of loan or credit card, and other factors. There is no one-size-fits-all answer to the question of the lowest credit score you can qualify for, as different lenders have different criteria.

Generally, credit scores in the range of 300 to 850 are used in the United States, with higher scores indicating better creditworthiness. However, what is considered a “good” or “bad” credit score can differ from one lender to another.

Here’s a general guideline:

1. Excellent Credit: Typically 720 or higher
2. Good Credit: Generally 660 to 719
3. Fair Credit: Typically 620 to 659
4. Poor Credit: Generally below 620

If your credit score is on the lower end of the spectrum, you may still be able to qualify for certain financial products, but you may face higher interest rates or more stringent terms. Some lenders specialize in working with individuals with lower credit scores, offering products like subprime loans or secured credit cards that can help people rebuild their credit.

It’s essential to keep in mind that your credit score is just one of many factors that lenders consider when making lending decisions. They may also consider your income, employment history, debt-to-income ratio, and other factors.

To improve your chances of qualifying for better loan terms and lower interest rates, it’s generally a good idea to work on improving your credit score over time by making on-time payments, reducing outstanding debts, and managing your credit responsibly.