My credit is about a year and a month old but at 730 and I already have my down payment for a house up to 200k. Looking to house hack but not sure if I’d be able to qualify, any one know if the longevity of credit matters?
As far as I am aware FHA has score qualifiers for rate and down payment but not credit history requirements. This will be up to the underwriters to make judgement calls and would likely have homeowner education requirements for first time buyer/payment shock.
Best of Luck!