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Are there any lenders that can finance a mortgage with a middle score of 590?

by sdjfin_533_231 from Woodinville, Washington. Mar 13th 2013 Reply


Chad Scott (ChadScott)
#12 ranked lender in Washington - 10 contributions

Yes, we have programs that have no minimum credit score requirements. There are other guidelines, however. It would be best to discuss your particular situation and see if we can come up with a solution for you. Chad Scott - 425.954.0024

Mar 13th 2013
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Joe Metzler (JoeMetzler)
#17 ranked lender in Minnesota - 4,843 contributions

Generally speaking, yes. But with a score below 640, you will find a lot of no answers before you find a yes.

Mar 14th 2013
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Carlo Sanchez (MortgageLendingPro)
#0 ranked lender in Utah - 1,163 contributions

Yes there are.

Mar 14th 2013
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Michelle Curtis Loan Originator NMLS 401173 (MichelleCurtisLO)
#77 ranked lender in Florida - 2,245 contributions

Yes we could do an FHA loan down to a 560 score.Call us or email us at 201-962-3555 or Team@BestMortgageOption.com for ano cost no obligation analysis of your situation.Ask for Michelle or Benny We will find the Best Mortgage Option to suit your needs!You can check us out at www.BestMortgageOption.com

Mar 14th 2013
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Dave Metsker (DaveMetsker)
#35 ranked lender in Oregon - 2,318 contributions

Many private lenders will finance a home, independent of the credit score. However, you may have to put 20% to 40% down payment on a purchase, or have similar equity on a refinance.

Mar 14th 2013
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Jason Robinson (CFIsupport)
#56 ranked lender in Georgia - 106 contributions

Yes......But with the premium that you'll pay on interest over 15-30 years, as well as closing cost. it'll be so much better to invest in repairing your credit to obtain easier financing. Good luck

Mar 14th 2013
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Steven Cook (stcookmortgage@gmail.com)
#37 ranked lender in Washington - 256 contributions

Though you could get financed at that level -- you will be paying a premium on your interest rate. As noted previously, you would be better off to work on fixing your credit a bit -- getting over 620 will help a great deal, and may not take much work. You also should not have to pay to get the information needed to get the adjustments done.

Mar 14th 2013
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