Can I get a mortgage with a 560 credit score?

Answer You can be approved for a mortgage with a credit score of 560, but you will pay higher interest rates. A credit score of 560 makes you have a D rating credit risk, so compared to someone with a sco... Read More »

Top Q&A For: Can I get a mortgage with a 560 credit score

Do lenders use credit score or fico score for mortgage rate?

Lenders use both credit and FICO scores to determine mortgage rates for individual borrowers. Mortgage companies use a "tri-merge" credit report that lists credit bureau scores from Experian, Equif... Read More »

Is a credit score required for a mortgage?

Lenders will usually require you to have a credit score in order to approve you for a mortgage. However, you may be able to be approved for an FHA mortgage if you do not have a credit score but can... Read More »

What is a good credit score to get a mortgage?

While only a truly abysmal credit score will see you denied for a home mortgage, your credit score can vastly affect how much you pay for a home mortgage. A score of 660 or above makes you a good c... Read More »

What is a good credit score for a second mortgage?

On One Hand: The Credit ScoreYour credit score (FICO) is a numerical rating of your creditworthiness, taking into account factors such as payment history, type of debt and how close you are to your... Read More »