What is your credit score? Your qualifying score is your middle FICO score from the three bureaus. If you only know two scores, base it on the lower of the two. Keep in mind your credit score may vary from online services like Credit Karma.
My score is under 580 - There may be some quick solutions to get your score up depending on what's holding you back. Check out our credit repair guide along with info about our credit repair partners at Home Loans Assist. In many cases you can get your credit into qualifying range within 90 days! Click here
My score is 580-620 - you're so close! Although we can do FHA loans down to 580, the requirements are more strict and you'll have few options for interest rates. We suggest having a conversation with us about the potential for Rapid Re-score opportunities to give your score a quick boost and allow us to get you going! Contact us.
My score is 620 - 680 - you've got options!! This range is typically best suited for Government loan programs like FHA, VA, and USDA because the interest rates are typically priced better and the mortgage insurance (FHA) is cheaper than conventional counterparts.
Check out the FHA page for more details on how you can buy a house for only 3.5% down!
Check out the USDA-RD page for more info on how you can buy a house for No money down in eligible rural areas!
Veterans proceed directly to our VA page for more info!
My score is 680+ - Great work taking care of your credit! You have a plethora of options available to you, but going with a conventional product may be the best route for you - potentially lower down payment, faster close, and no up front premiums!
HomeReady and HomePossible are two great products that only require 3% down and often no reserves! And if you're score is over 720 you may only be required to put 1% down!! Find out more!
If you're planning on putting at least 20% down, a straight forward conventional product is the way to go!
Going Big? We've got options for you as well. Check out our Jumbo and HBNW products.
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Archer Home Mortgage, LLC NMLS# 1620814 1000 W Maple Rd #109 Troy MI 48084 (248) 881-4848