Bad Credit Refinance Utah
Refinancing your home with low credit scores can be difficult. You may call a handful of lenders and they all tell you it is not possible. Here at Village Mortgage we have a variety of refinance programs for about any credit situation. The more equity you have in your home the easier it can be to refinance.
Village Mortgage has been a local Utah lender helping fellow Utahans refinance their homes for nearly two decades. When Banks, credit unions, and other lenders say no we say yes.
What's the Minimum Credit Score for a Refinance?
FHA allows for a credit score as low as 500 for a refinance. Whereas a Bank might have an internal rule that says their minimum credit score is 620. That’s why it’s important to work with a company not bound by internal rules. We are able to follow the rules set by the FHA, VA, and Conventional guidelines.
We’re licensed Mortgage Professionals, and home to so much more than what big banks offer.
Top 3 ways using a Mortgage Broker can Save You Money.
- Get a Lower Interest Rate.
- Access to Hundreds of Better Programs
- We work for you not the big bank.
For your next home loan, work with someone who works on your behalf. We’re brokers. We’re Better.