If you have less than ideal credit, that doesn't mean you are ineligible for a mortgage. You can still buy a new home, or refinance your current home.
A good option to explore is an FHA mortgage, or a home loan for bad credit. Even if your credit score is low, you can still qualify for an FHA loan-- for instance, borrowers with a 580 credit score are still eligible to receive an FHA loan. You also need less down payment on the home; as little as 3.5% percent down, in fact.
If you currently own a home, you could also refinance up to 97.75% of its value using an FHA mortgage.
FHA loans aren't just for first time home buyers either! FHA mortgages come in many options, including 30- and 15-year terms, with other lengths available. Monthly payments and interest rates will vary.Call us
today or apply online