Credit scoring refers to a number lenders use to help determine the likelihood that a buyer will pay back a loan on time. The scoring method most often used is FICO, and it can range from 300 to 850. The higher your score, the better you look to a lender, making it more likely to get approved for a loan.

Your credit score also affects the mortgage interest rate you are offered.

A higher score often means a lower rate. There are loan programs for those with less than ideal credit, making it possible to buy a home at a low rate even while you work on building up your credit.

Explore our site or contact us about special home loan programs for those with low credit. We look forward to serving you!