Credit Score in 44125>Question Details

Tania Martin, Other/Just Looking in 44125

I am looking for a lender that approves mortgage loans for a credit score of 593.

Asked by Tania Martin, 44125 Wed Apr 28, 2010

Help the community by answering this question:


Good afternoon Tania,

Most Lenders today require a Score of at least 640. It is unlikely you could be approved for a mortgage loan with a Score of 593.

First, settle any outstanding debt. If you owe money on collection accounts, charge-offs and/or judgments, make payment arrangements and get these accounts paid promptly.

Next, begin rebuilding your credit. If you have current accounts with good payment histories, or even some previous late-payment-blemishes, make sure you continue to pay those accounts on time. If you do not have any existing credit accounts then you'll need to establish several in order to create a viable credit history.

I have found that CONSUMER ACTION is an excellent resource for objective advice on all things credit related. You'll find free and sincere advice on everything from settling collection accounts to rebuilding credit to building credit from scratch on their website.

Beware of anyone offering to "repair" your credit! The Federal Trade Commission issued a stern warning last year that such offers are scams. Find more from the FTC HERE:

The best way to buy a home is to have a decent credit history combined with sufficient Income and Assets for a home purchase.

The best way to have a decent credit history is to settle negative outstanding obligations and pay all your bills on time for at least two years.

Trevor Curran
NMLS #40140
0 votes Thank Flag Link Sat Aug 25, 2012
Allied Credit Solutions can help repair your credit if you cannot get qualified for a loan. We offer a "true 100% money back guarantee, and our program is a MAXIMUM of 180 days. We are registered and bonded with the state and use Federal Law and your consumer rights to help you. Once we get a negative item off of your credit, it will be off permanently. We don't send out dispute letters like credit repair companies, we investigate the validity of the debt with the creditors, collection agencies, banks, etc.......... You have nothing to lose, and a new house and good credit to gain. Our website address is

Kelly W.
National Account Manager
Allied Credit Solutions
800 901-8122 ext 206
0 votes Thank Flag Link Mon Aug 20, 2012
A credit score of 593 is tough but with little effort & assistance from a good lender, you should be able to get into a home ASAP. Here's the names & phone numbers of two great, honest, reliable lenders to contact to get you on your way to home ownership & improving your credit score in a very short time.

Steven Fishman / Wells Fargo
Phone (toll free): 866-969-3036

Joe Burnett / Union National Mortgage
Direct Phone: 440-287-7282
Fax: 440-378-5093

Good luck!
Best Regards,
Donna & Rick Hamblen
Platinum Real Estate Professionals / 216-225-2757 or 440-725-9369 /
0 votes Thank Flag Link Mon Jul 12, 2010
Visit with any qualified loan officer(s), see exactly what your budget can handle and check your credit score--their scoring is different--your loan officer may offer suggestions on how to best improve your credit in the quickest time. Currently FHA loans do require a minimum score of 620 and 3.5% down--there may be lenders that will work with a lesser score, however the interest rate may be higher.
0 votes Thank Flag Link Wed Apr 28, 2010
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