Many factors impact your credit score and often the factors which can impact your credit score the most are things that may be completely outside your control. If you were laid off, have recently gone through a divorce or found yourself facing large medical expenses for an unexpected health crisis your credit score may have taken a hit, and taken a hit for something which wasn’t your “fault”.
The good news is that there are many lenders and mortgage loan programs available for individuals with less than perfect credit. Some lenders are able to work with borrowers with scores as low as the 560’s.
If your credit score is less than perfect, don’t give up on your dreams of home ownership. There are many lenders and loan programs who understand that individuals are not wholly defined by their credit scores, and who will work with individuals with fair and even poor credit scores.
The Realtors at CityWorth Properties specialize in helping buyers with less than perfect credit get pre-approved and successfully purchase a home. Call us today.