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Please help, my credit score is below 500!

Don't panic, there's still hope. Credit scores below 500 are in there own category called "hard money loans". Banks do not like you, but don't worry, brokers still do. As you might know you're probably not going to qualify for the same attractive rates as the customers with a score of 700 score or higher.There are some qualifications you need to know, make sure you have at least 20% equity in your home and that you are currently working. There are of coarse exceptions for disabilities and retirees. Contact a broker for this type of loan.

 

  

 

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