Bad Credit Home Loans
If you have a bad credit score and still want to buy a house, consider these lenders ; Applicants who have a minimum decision credit score of less than 500 are not eligible for fha mortgages. Fha loans allow borrowers with down payments as low as 3.5% to qualify for mortgage loans, as long as their credit scores are 580 or higher. Borrowers without credit scores can use alternative data, 3 . If you have a lower credit score, an fha loan may be right for you. 10 Expert Picks: Best Credit Cards for "Bad Credit" (2020) from www.badcredit.org Having a bad credit score can make getting a loan challenging, but there are still options. Each is backed by different . If you have a bad credit score and still want to buy a house, consider these lenders ; Fha loans (mortgages backed by the federal housing administration) have the lowest cred...