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I have a 565 FICO 8 score and a 35% down payment. Can I get financed?

by agular.jesse327 from Kaufman, Texas. Sep 1st 2017 Reply


Cody Velkovich (Cody_NRL)
#167 ranked lender in Texas - 89 contributions

Thanks for the question, Jesse. There will be other factors that come into play, but with a FICO between 560-579, we can do it for a minimum of 10% down. If you'd like, feel free to reach out to me through the info on my profile and we'll see what we can do.

Sep 1st 2017
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William J Acres (William_Acres)
#1 ranked lender in Arizona - 8,000 contributions

MOre info needed.. The short answer is that there are lending programs out there that will allow you to get financed at a 565 "Mid" score.. but in all reality.. it takes much more than a credit score to obtain financing.. The real question is why.. Why is your score so low? BK? Foreclosure? Judgments? Tax Liens? Default student loans?, etc.. you could have a 750 credit score, yet still get denied.. In order to advise on your eligibility, we would need to analyze your complete loan summary/profile.. Once we have all the info, we can let you know if there's a way to make it happen.. I'm a preferred Lender with California and Arizona being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / RPM Mortgage NMLS 1541014 / AZMB0121893

Sep 1st 2017
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