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is there any way i can get $30,000 home loan with credit score of 570?

by payman mogadam from Cape Coral, Florida. Oct 10th 2012 Reply


Bert Carpenter (BertCarpenter)
#37 ranked lender in Arizona - 2,431 contributions

Not a good one. The loan size is too small for most lenders and your score is terrible. If you can get your score up a bank will give you better terms. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ Licensed in California and Arizona ~ www.LoansA2z.com 888-889-9950

Oct 10th 2012
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Derick Condron (rightstartoregon)
#30 ranked lender in Oregon - 598 contributions

It will not likely be from a traditional lender. You may find a "hard money" private lender that would work with you depending on the other factors on your file.

Oct 10th 2012
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Ralph Richard Guertin (ralph@absolutelowrates.com)
#58 ranked lender in Georgia - 807 contributions

Hard Money is your only option, but need more info to give better advice

Oct 10th 2012
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Linda Burek (lburek)
#138 ranked lender in Florida - 25 contributions

Our miniumum credit score is 600 and many lenders won't do loan amounts under 40,000. Once your credit score improves you may be able to find someone that will finance you. Good luck to you. First Choice Mortgage, Linda Burek, NMLS #310096

Oct 10th 2012
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Peter Botros (PeterBotros)
#70 ranked lender in New York - 895 contributions

Hard Money

Oct 10th 2012
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