Uploaded on Mar 10, 2022
Even if you have bad credit, Real Estate Diary mortgage and home loan options for you.A bad credit score doesn't have to prevent you from owning a home. Collectively, we have more than 50 years of mortgage experience. Call +1-662-200-5160 to get home loan with bad credit score. Get in touch with us.
How To Get Home Loan With Bad Credit Score | Call +1-662-200-5160
How To
Get Home
Loan With
Bad Credit
Score?
Call Us
+1-662-
200-5160
Various types of credit
scores
The credit score is the number in-between 300-
850. This credit card shows individual
creditworthiness.
Moreover, this credit score reckons on the
credit history. This credit history includes the
number of open accounts, total levels of debt,
and repayment history.
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-
Person 6po1te9nc)y 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.
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
If a person is anL aocativne sduty 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.
Contact
Us:
+1-662-200-5160
[email protected]
1320 Willow Pass Rd, Concord,
CA 94520, USA
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