Hi! Thanks for writing. The higher your credit score, the lower your interest rate. Usually, a credit score in the low to mid 700's or above gets the best rates. However, depending on your circumstances, you could qualify for a regular mortgage with a credit score in the 600’s. Also, if you qualify for an FHA loan, you could have a score in the 500’s. Here is more info about FHA loans: https://www.fha.com/fha_credit_requirements. If you are turned down at one lender, it’s worth it to try another. Best wishes to you, and I hope you can get a house if you are looking to do that!
I had a poor credit which was largely due to identity theft, I needed a loan to finance my business but could not get one because my credit was not just good enough, after trying everything things went from bad to worse, the more I disputed the lower my credit score went. This continued till a Pal introduced me to Lanx Credit Solution. I explained my position and they assured me that they could help me put things in order by fixing my credit and increasing my score. They kept their words, I am still in awe. I now have a credit score of 782, all the negative items that bedeviled my credit were removed finally. It was good one. Get to them on [email protected], text/call (214) 888 9709.
You can qualify for an FHA at a score of 620. And even less – 570 with a qualifying VA loan.
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