Keypoint Mortgage is now able to accommodate customers that may have previously been unable to qualify for a mortgage due to their credit score. We have expanded our government loan offerings and are now considering borrowers with FICO scores as low as 580! To be eligibility the loan must be for a primary residence, 1-unit single family only, 31/43 maximum debt-to-income ratios, two months reserves and the borrower(s) may not own any other property at the time of closing. Other requirements and restrictions may apply.
FHA loans are safe, viable options for building credit in today’s touch real estate market.
VA offers tremendous mortgage benefits to active duty service members, veterans, and some surviving spouses.
The United States Department of Agriculture provides low interest, no down-payment loans to eligible, low-to-moderate income borrowers looking to buy homes in rural areas.