How to get home loan with bad credit | Call +1-662-200-5160
                     How to  
get 
home  
loan 
with  bad 
 credit?
Call Us
+1-662-
200-5160
Credit Scores (500-
579)
A person can entitle to a mortgage with this lower 
credit  score. With this score, a person will require to 
make a  down payment of at least 10% for an FHA 
loan. The lender  wills appetite a person to pay off any 
eminent collections.
Credit Scores (580-619)
Person potency is eligible for an FHA loan with a down 
 payment of 3.5%. A person could entitle to a VA loan 
if the  Department of Veterans Affairs assures a 
mortgage.
Credit Scores (620-699)
A person can entitle to a conventional loan with the  
minimum requirement of a credit score of 620. With 
this  credit score, a person is entitled to get 
mortgage  opportunities.
VA Loans
If a person is an active duty member of the armed 
forces,  he could qualify for a VA loan. The 
Department of Veteran  Affairs insures this loan. 
Moreover, this loan allows  qualified service member 
and their qualified spouse to  buy a home with $0 
down.
Conventional Loan
In this loan, there is not a set number for an 
individual  income, the credit score will need for a 
person to  qualify. However, a person often needs 
a 620 credit  score to be eligible for a conventional 
loan. A person  with a higher income or down 
payment can easily get  eligible for this loan.
Payment 
History
The payment history of a person is responsible 
for  35% of his credit score. This is the reason 
why  people are saying continually “pay your 
bills on  time” when it comes to their credit 
score.
Credit Utilization
It is the amount of credit that a person is 
using  currently. It is accountable for 30% of 
an  individual credit score. Credit Utilization 
will be  more with the usage of lower credit 
scores. This  point will be beneficial for an 
individual to keep  their credit score at less 
than 30%.
Contact
Us:
+1-662-200-5160
[email protected]
1320 Willow Pass Rd, Concord, 
CA  94520, USA