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Is it possible to get a loan with 608 credit score

by darionyagaka760 from , California. Apr 18th 2016 Reply


William J Acres (William_Acres)
#2 ranked lender in Arizona - 7,933 contributions

Much more info needed.. having a low score is something that can be worked around, but "Why" the score is so low could be a problem.. we would need to analyze your complete loan profile to determine if you would be eligible.. For this reason, I suggest you contact a LOCAL mortgage 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 your LOCAL 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 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 larger lenders.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com NMLS# 226347

Apr 18th 2016
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Crestico Funding (CresticoFunding)
#287 ranked lender in California - 336 contributions

Short answer would be Yes, you can obtain a loan with that fico score. review of credit is required to see why fico is low. if its for items like Medical Collection, that would be okay but if it is low because of recent vehicle repo or foreclosure then probably not. please feel free to contact our office and talk to one of our Sr. Mortgage Advisors for a free consultation.

Apr 18th 2016
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Blake Kleckner (BlakeK)
#360 ranked lender in California - 250 contributions

Yes, depending upon your ability to qualify for the loan from all other standpoints. Give me a call 16/7, or email me your phone number so I can call you, and I'll be happy to walk you through the process. To learn more about me and our mortgage brokerage, click on my picture. When the next page pops up, click on "Website" and you will be redirected to ours. If you get a chance, read some of my blogposts on Lender411. They are quite informative. We work exclusively in CA and get loans done fast, typically in less than 30 days, at low interest rates and costs. I started doing mortgage loans in CA in 2006, and only do them there so I have an exceptional understanding of this extraordinary market. Representing more than 55 quality lenders that offer in excess of 1,000 loan programs, we definitely have something for everybody.

Apr 22nd 2016
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