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I have a 608 credit score, Can I cosign a mortgage loan?

by jmatos7461305 from Reading, Massachusetts. 13 days ago Reply


It will depend on the loan program you are looking into. I have options available with a 580+ credit score. You can complete an online application at www.rate.com/joehaglund or reach me at 480-650-1873 to discuss. Have a great night

13 days ago
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Brian Paris (bparis)
#4 ranked lender in California - 37 contributions

Yes you can. Contact me at 925-698-1114 or my app http://bparis.goldwaterbank.com

13 days ago
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Gustan Cho (GustanCho411)
#2 ranked lender in Illinois - 5 contributions

580 Fico is neeed. If you need a good rate I would go with mortgage broker instead of banks. Call me at 773.554.3817

12 days ago
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Robert Oliveira (roberto)
#1 ranked lender in Massachusetts - 89 contributions

you can but only with FHA loan with that low score call me I am in Mass Rob Oliveira Rockland Trust 508 802 0935

12 days ago
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Pamela Riesenberg (priesenberg@financeofamerica.com)
#1 ranked lender in New Hampshire - 9 contributions

not true about just fha, you can go Conventional we have a 3% down product with that score. let me know www.mortgagesbypamela.com

10 days ago
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William J Acres (William_Acres)
#2 ranked lender in Arizona - 7,788 contributions

More info needed, but the short answer is yes, possibly. Certain loan products allow for cosigners.. and certain loan pruducts allow for 608 credit score.. whether or not you would actually help the buyer qualify is a whole different question. Keep in mind that it takes more than a credit score to qualify for a loan.. With a 608 credit score, it's highly likely you have some major derogatory credit.. certain derogatory events require mandatory waiting periods.. again, more info needed.. For this reason, I suggest you try contacting a mortgage banker/broker and apply with them. Once they see your complete loan profile, they will be better equipped to advise you properly. Also, by applying with a Banker/Broker, you have an advantage because he's familiar with local customs and works with many lenders with each one offering a different type of lending program. This is unlike the local bank which typically only has a few lending programs. The more lenders, the more lending options, and the more likely your scenario will be accepted.. Plus, the banker/broker is experienced in seeking out the best loan terms for your particular scenario, and he has lower overhead which typically results in lower rates and fees than most of the big box banks. 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

10 days ago
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