Can I get mortgage financing with 540 credit score?

Can I get mortgage financing with 540 credit score?

Answer #1

Yes, but it might take a little searching. THere are lenders out there that are ready to take on new clients. They tend to go with high risk borrowers. Your credit score isn’t the be all end all that people make it out to be, there are usually extenuating circumstances that sometimes lowers your score. For example, do you know that everytime you apply for something, where you are approved or not, your score drops? Something to think about.

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