3 Ways to Get Approved for a Mortgage with 580 Credit Score

The sad thing about the big banks/lenders telling borrowers that 620+ credit score is required in order to get a mortgage is the borrower loses hope.

One of my biggest goals is to restore hope, and help provide clarity that getting approved for a home loan is attainable if you have 580 credit.

But of course... credit score isn’t the only thing evaluated when getting approved for a mortgage.

Your income situation, current debt, and down payment (or equity, if refinancing) are some other main factors that are considered.

In today’s post I cover everything you need to know about getting approved for a mortgage with 580 credit with FHA, VA, and non-QM mortgage.