If you have a lower credit score, you may still qualify for a home loan. Not every borrower will qualify with a lower score, but we can help you understand your options — and if you’re not quite there yet, we’ll help you create a plan to improve your score. Everyone deserves a shot at homeownership. Don’t let your past credit issues define your tomorrow.
With a lower credit score we still have options for you!
FHA and VA loans for a credit score of 500
FHA requires 10% down when the score is below 580.
Conventional loans up to $832,750* with 5% down with a 620 score
and 3% down for a 640 score.
*$832,750 is the conventional loan limit in most counties in NH
Strafford & Rockingham Counties have a higher loan limit of $962,550.
A primary residence with a credit score of 620 for up to 2 million
660 credit score for a second home up to 2.5 million.