Financing in Pisgah>Question Details

Mary Stephens, Home Buyer in Pisgah, AL

i know my credit score at Transunion is 582 and eqifax is 567 . Can i get a mortgage on a house?

Asked by Mary Stephens, Pisgah, AL Wed Oct 19, 2011

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Your scores indicate that there is a problem. Go to your local nonprofit housing group for credit counseling. They will tell you what you need to do to bring up your scores. There isn't a charge and they will go over budgets with you. When your score goes up then speak with a mortgage officer.
0 votes Thank Flag Link Wed Oct 19, 2011
Yes you can get mortgage.Make no mistake good credit score is the requierments of getting mortgage.But there are some exception of this rule.So if you are in this exception answer is yes.You may talk to a mortgage banker to find out your situation.Good luck.
0 votes Thank Flag Link Wed Oct 19, 2011
what are some of those exceptions? Maybe I can get a mortgage with my score being in the 700s but low income for a $35K home
Flag Wed Jan 14, 2015
Most lenders require 625 and above credit score

Lynn911 Dallas Realtor & Consultant, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors
972-699-9111
http://www.lynn911.com
0 votes Thank Flag Link Wed Oct 19, 2011
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