My husband and I have poor credit scores but both have great income and virtually no debt, could we get financed?

Asked by Becca2, Camillus, NY Mon Apr 2, 2012

Help the community by answering this question:

+ web reference
Web reference:

Answers

4
Terry McCarl…, Agent, Cape Coral, FL
Mon Apr 2, 2012
You need to speak with a lender who can tell you if you will qualify or not. A good lender can also give you advice on how to improve your credit score so even if you don't qualify now you can start working towards qualifying.
1 vote
Anna M Brocco, Agent, Williston Park, NY
Mon Apr 2, 2012
There are other factors besides credit that determine mortgage qualification, therefore for a personalized answer on qualification, do visit with any licensed loan officer; be aware that a mortgage pre-approval letter is required in order to determine your price range and for any offers to be taken seriously.
1 vote
Jim Simms, Mortgage Broker Or Lender, Louisville, KY
Mon Apr 2, 2012
I think all traditional lenders have minimum credit score thresholds, some loans require them while others are lender overlays.
0 votes
Martina Ryan, Agent, Bayside, NY
Mon Apr 2, 2012
Most likely if you have a decent down payment. Speak with a Mortgage professional & see what your options are.
0 votes
Search Advice
Search
Ask our community a question
Financing in Camillus Zip Codes

Email me when…

Learn more