Home Loans for Bad Credit Score Borrowers.
FHA Loans, VA Loans, 203k, USDA, Bad credit Home Loans, Conventional, and Jumbo Loans.
Will applying for a mortgage lower my credit score?
When a lender pulls your credit is counts as a hard inquiry. Hard inquiries make up a small portion of your credit score, usually your score will only be affected if you have a significant amount of inquires. You also have a 30 day window to have multiple lenders pull your credit and it will only be counted as a single inquiry. Tthis is allowed by the credit bureaus for rate shopping.
Is The Lenders Network a mortgage company?
No. We are not a mortgage lender, or broker. We collect some basic information about your loan needs so we can match you with the best lenders for your situation. Our network of lenders offer everything from low credit FHA and VA Loans, to Conventional and Jumbo Loans, and everything in between. Just complete our simple form here and we will match you with up to three lenders that have the best loan products for you.
The Lenders Network is the first website dedicated to helping people find reputable lenders that offer Home Loans for bad credit home buyers. Read more about the FHA Credit Requirements on the Federal Housing Administration’s website. Not all mortgage companies offer home loans with poor credit, most banks require a 620 to 640 credit score. The Lenders Network has partnered with some of the largest direct FHA Lenders in the country. Our network of FHA Lenders are able to work with borrowers with credit scores in the 580 to 600 range in some cases.
You can download our free DIY Credit repair guide. This guide includes expert tips, secrets & sample dispute letters. We suggest you complete the form and speak to one of our FHA Lenders before assuming you will not qualify due to bad credit. If you do get denied because your credit score is too low, our credit repair guide has some great information you can use to improve your credit score quickly.