Finding housing, buying a house, landlord/tenant rights.
Poor Credit Rating- How can I Get a Mortgage?
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hsinghp Posts: 1
Posted On: 1/29/2016
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Hi,
I have a credit score of below 600, applied in two banks but denied due to my poor credit score.
I want to purchase a home now but facing issues because of My credit score.
Is there any way that i can get mortgage . Few people suggested me to seek a mortgage broker.
Should going to a mortgage broker is good idea ? Is it worth it.
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Moderator Moderator Posts: 4144
Posted On: 2/4/2016
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Hello,
Thank you for sharing your situation and question with us.
We can appreciate that you would be interested in this type of information.
Unfortunately, we are unable to state whether or not you should get a mortgage broker, nor can we suggest one over another.
However, you may be able to find some helpful information and suggestions in this article here:
How to buy a house when your credit rating’s been trashed
I hope this information is helpful. Please let us know if you have further questions and if there is any follow up to your question/situation.
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Anna
Settlement.Org Content and Information/Referral Specialist, CIRS
Settlement.Org
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