Profile picture for user1686554

I have a credit score of 605 is there anywhere I can get a home loan with this score? score is low d

  • June 07 2012 - Conway
  • 0
    0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.

Answers (47)

Profile picture for mrswemaloans
[Spam deleted by Zillow moderator. Please see our Good Neighbor Policy.]
  • November 11 2014
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Profile picture for user8388925
[Spam deleted by Zillow moderator. Please see our Good Neighbor Policy.]
  • September 18 2014
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Hello,

There are lending options with a score of 605.

The most common answer is the FHA loan, which allows scores all the way down to 550.

The second answer is a VA loan IF you are a veteran. Each of these loans allow for lower down payments and credit issues.

Your final option would be to review credit repair options, which would enhance your lending options immensely. See if you can obtain a copy of the credit report that was pulled, and review it for complete accuracy. There are credit repair companies that will work on improving the credit for you, and do it in 30-60 days. This would mean lower interest rates and lower payments for you!

Good luck to you!

Eric
  • September 11 2014
  • 1Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

I work for a national lender and we have programs that will accommodate credit scores as low as 550.  Feel free to reach out to discuss this further. 
Thanks so much!
  • September 11 2014
  • 3Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Profile picture for samuelmaco1
[Spam deleted by Zillow moderator]

  • September 05 2014
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

[Spam deleted by Zillow moderator. Please see our Good Neighbor Policy.]
  • August 19 2014
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

You can get a home with with a credit score of 605. In fact, there are lenders willing to lend to someone with a credit score of 500. However, other factors would need to considered - income, debt, credit history, etc.  It's possible to go as low as 500. Reach out if you need assistance getting approved for a loan.
  • August 13 2014
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Yes, I can help!  We have programs that will allow a score in the mid 500's and we are located here in Columbia, SC.  I would love for the opportunity to find out a little more information and find the perfect loan for you!

I look forward to hearing from you!

  • August 07 2014
  • 1Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Absolutely, but other factors would need to considered - Income and DTI, credit history last 12 months, Assets, etc. Please let me know if I can provide more advice in getting a loan approval with a credit score less than 620. It's possible to go as low as 500.
  • August 07 2014
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Profile picture for zuser20140527235343530

[Spam deleted. See our Good Neighbor Policy.]
  • June 23 2014
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

[Spam deleted by Zillow moderator. See our Good Neighbor Policy.]
  • June 20 2014
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

[Spam/Ad removed by Zillow moderator. See our Good Neighbor Policy. Content also not supported by valid lender credentials].
  • June 07 2014
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

[Content removed by Zillow moderator].
  • May 29 2014
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

[Spam/ad removed by Zillow moderator, see our Good Neighbor Policy]
  • May 29 2014
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Profile picture for BartGabe
I lend down to a 530 middle score in all 50 states.
  • May 26 2014
  • 1Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Profile picture for Jamie Parker
Yes, we have lenders that can do a loan with as low at 550.  USDA loans are also available for no money down.  Pretty cool stuff. 
  • May 24 2014
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

[promotion deleted by Zillow moderator. Please see our Good Neighbor Policy for posting guidelines]
  • May 24 2014
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Profile picture for user83318160
Look for a home where the owner will finance the home with 20% down.

For example the home at 18014 vintage wood lane in Spring, Tx  listed on HAR. Com and Zillow
  • May 23 2014
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Profile picture for BartGabe
[self promotion deleted by Zillow  moderator. Please see our Good Neighbor Policy for posting guidelines]
  • May 11 2014
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Profile picture for EmmanuelPrecious
[Spam deleted by Zillow Moderator. See our Good Neighbor Policy.]
  • May 10 2014
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Yes. We offer FHA financing to borrowers who have scores as low a 550. Hopefully this was helpful but please do not hesitate to contact me if there is anything else I can do to be of assistance. Best of luck!
  • May 04 2014
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Profile picture for beccalizbeth64
please help us find sum1 to finance threw equfax. husband is disabled and trailor is falling apart around us. equifax is 708,,508 exsperian,,dont no the othr. we live in east texas
  • April 28 2014
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Profile picture for lonabarryloanfirm
[Spam deleted by Zillow moderator. See our Good Neighbor Policy.]
  • April 06 2014
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

The credit score system is total bs. I make over 70k per year and have zero debt yet my credit score is 603. I have no credit cards and don't spend beyond my means yet I can't get a loan for a car. I could pay cash for the 75k car I want but I just don't want to. The system is broke.
  • February 24 2014
  • 6Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

[Promotion deleted by Zillow moderator. Please see our Good Neighbor Policy for information.]
  • February 11 2014
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Although there are lenders that will lend at that low score, I suggest to concentrate on raising your credit scores.  If you have credit lines with high balances, reducing them is a quick way to raise your scores.  You'll find the loan process much easier and with less hassle.  Nothing is worse than closing date coming up and you not having financing confirmed yet.  Go over your credit with an experienced lender to determine what can be done to raise your scores.
  • February 07 2014
  • 2Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Yes we can help.  We have programs down to a 530 score!
  • February 07 2014
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Profile picture for BrabraNelly
I'm Mrs brabra nelly  by name. I live in USA, i want to use this medium to alert  all loan seekers to be very careful because there are scammers everywhere. [Spam deleted by Zillow moderator. See our Good Neighbor Policy for more information.]
  • February 07 2014
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

[spam deleted by Zillow moderator. Please see our Good Neighbor Policy for posting guidelines]
  • December 13 2013
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

You'll have to find a mortgage company that is a Direct Endorsement FHA lender that underwrites loans directly to FHA guidelines.  Many FHA lenders will have higher credit score requirements.  This can certainly be done...of course depending on all of your qualifying factors.
  • December 02 2013
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

  1. 1
  2. 2