You don’t need flawless credit to get a mortgage

These have been a couple of crazy years, so if you’ve had credit issues, then you’re in good company. There are a lot of people that have had all kinds of credit challenges. But there are all kinds of mortgage products for all kinds of challenges. Try us! We may be able to help you buy the property you had in mind, lower your payment, or get cash out. 

7 Reasons for Low Credit Scores

Late Payments

Your credit history accounts for about 35% percent of your credit score.

Defaulting on Payments

If you don’t pay your credit card bill your accounts become in default.

Charge-Offs

Your accounts become written off by creditors when they think that you are not planning to pay your balances.

Collection Accounts

Creditors can hire or sell your delinquent debt to third-party debt collectors to try to obtain a payment from you.

Judgments

When a court system forces you to pay a debt. An unpaid judgement is much worse than a paid judgement.

Filing Bankruptcy

A way to clear debt that you can not pay.

Foreclosures

A legal process where your mortgage company obtains ownership of your home when you don’t pay your mortgage.