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Is there a lender who will refinance with middle score of 611?

Other details - all bills current for past 7 months, mortgage has never been late - employed with same company for over 15 years - it was medical situation 3 yrs ago that caused set back. by amycw4_488_353 from Matthews, North Carolina. Mar 13th 2013 Reply


William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions

There are lenders who lend to borrowers with scores below 640, however, It takes more than a credit score to get approved. There could be items on your credit score that could preclude you from getting a mortgage.. Foreclosure, BK, Repo, Currently delinquent obligations, recent judgments or tax liens.. Even if your score is above 640, all these other things will be taken into consideration.. So the real question is why?? Why is your score that low.. The only way to know for sure if you can get approved is to reach out to a mortgage professional and let him look at your COMPLETE scenario... The best advice I can give you is to contact a LOCAL mortgage broker and apply with them. Do not use the local "Big" bank, or one of those 50 states internet lenders or nationwide lenders...By applying with your LOCAL Broker, you have an advantage because he's familiar with local customs and works with numerous lenders, seeking out the best loan terms for your particular scenario. Because he has lower overhead, he can offer you lower rates and lower fees than most of the larger lenders.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

Mar 13th 2013
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Angelo Datseris (Angelo Datseris)
#2 ranked lender in North Carolina - 23 contributions

Yes there is. You can call me to discuss at 704-248-8742 or you can email me at info@lendwithleverage.com. My office is in Mint Hll so you are close to me.

Mar 13th 2013
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Peter Savino (855411LEND)
#99 ranked lender in New Jersey - 332 contributions

yes, but i need more information to be accurate, www. HOMEMORTGAGEXPERT.com thank you Peter Savino 855 411 LEND

Mar 13th 2013
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Charlie Sparks (CharlieSparks)
#8 ranked lender in New Mexico - 401 contributions

Call Angelo. Not every lender will work with scores under 640 but many will. I can but I only lend in NM where I am licensed.

Mar 13th 2013
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Carlo Sanchez (MortgageLendingPro)
#0 ranked lender in Utah - 1,163 contributions

Yes. FHA will do it so call a lender411 loan officer

Mar 13th 2013
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Dave Metsker (DaveMetsker)
#35 ranked lender in Oregon - 2,318 contributions

Your options are limited. Contact lenders who respond on this forum.

Mar 13th 2013
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Michelle Curtis Loan Originator NMLS 401173 (MichelleCurtisLO)
#77 ranked lender in Florida - 2,245 contributions

Absolutely ! 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 13th 2013
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Jenny Baker (mortgagemom)
#71 ranked lender in Georgia - 26 contributions

William gave you a great explanation.

Mar 13th 2013
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