Low Credit Mortgage Assistance

You don’t need perfect credit to become a homeowner or to refinance your current mortgage. We have excellent options for borrowers with credit scores down to 580.

It takes just seconds to request current pricing for our Low FICO home loan programs.

Have questions? Give us a call anytime at (281) 743-5348.

Low Credit Program Requirements*

To be eligible borrowers must:

  • Have a valid Social Security Number.
  • Be able verify employment for the most recent two full years. If in school or serving in the military within the recent two full years, must provide evidence supporting this such as college transcripts or discharge papers.
  • Non-permanent Resident Aliens must provide evidence of permanent residency issued by the Bureau of Citizenship and Immigration Services (BCIS) and indicate the borrower is a lawful permanent resident alien on the URLA.

Reserve Requirements

  • Borrower must be able to show that they have enough funds in reserve to cover 5 payments for FICOs 580-619 and 2 payments for FICOs 620-639.
  • Reserves must be non-encumbered (i.e. not in a 401K).

Eligible Credit Scores

  • 580-639

Self Employed Borrowers

  • If self employed, must have owned business for a minimum of 3 years.

Down Payment  & Loan-to-Value Requirements

  • 10% down required for FICO scores 580-599.
  • As little as 3.5% down for FICO scores 600-639.

*Please note that this is not a full list of requirements and all details listed are subject to change. Contact us for additional information and to learn if you are eligible – (281) 743-5348

Interested In Down Payment Assistance?

Find out more about our exclusive DPA program.

  • 1% to 4% Down Payment Assistance
  • Forgivable 2nd Mortgage
  • No Income Limits
  • Use with FHA, VA, or USDA Loan Programs
  • No 1st Time Homebuyer Requirements
  • Non-Occupying Co-Borrowers Allowed
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