725 Credit Score Mortgage

Options for getting a mortgage loan with 725 Credit score

With your good 725 credit score, you could expect the highest quality mortgage programs and the best rate &terms. Conventional mortgages, Jumbo, Super Jumbo, FHA, Va, USDA, and Non-QM loans are at your fingertips, and lenders will swoon over your loan request to compete for your business. Your top-rated credit score can compensate for a high debt-to-income ratio ( DTI), low reserves, or high LTV.

Best rate & terms for your 725 credit score

A high score credit does not guarantee you will get your loan approved. LTV, Income stability, cash reserves, location, Debt to Income ratio, Co-borrowers, property type, property conditions, and ten other factors may help or prevent you from getting the loan you need. Timing is another factor to consider, and unfortunately, big banks are often slower than alternative smaller lenders.

Compare 10 lenders to match your unique financing needs

Or check some of the best lenders in the country: https://www.wellsfargo.com/mortgage/rates/ https://www.bankofamerica.com/mortgage/mortgage-rates/ https://www.citi.com/mortgage/refinance-rates https://www.rocketmortgage.com/mortgage-rates

The benefit of using Lendersa advanced qualifier is that it is faster, reliable, and does not require your social security number or other confidential information.


725 credit score mortgage

Compare 10 Lenders In Minutes

No Social security # is needed to find and compare the best matching loan programs from up to 10 lenders

Private money lenders for credit score 725

When you need a mortgage fast and can't wait for bank approval, your only option is to look for private lenders (Hard Money). It is a misconception that only borrowers with bad credit are using hard money loans. Banks must have your tax returns and full financial records before they approve your loan, regardless of credit. When time is of the essence, getting a private money loan could be much more beneficial than letting an opportunity slide by because of bank latency.

Owner-Occupied Residential Non-Owner-Occupied Residential Commercial Hard Money Vacant Land
Max Loan to Value 71.05$ 71.17$ 71.29% 54.12%
Programs Hard Money Hard Money Hard Money Hard Money
Points 1.45 2.18 1.93 2.24
Rate 9.68% 10.57% 10.08% 11.77%
Loan terms 1—5 years 1—10 years 1-10 years 1-3 years
Property Condition Any Any include Fixer-Upper Any Unentitled land- reduce LTV to 35%

The Rates & Terms depend on the Loan-to-Value, credit, property location, condition, and local real estate market condition. Unlike the FHA loan, which has standard underwriting, private money loan programs differ significantly between lenders. It behooves you to contact and get quotes from at least three lenders before you make a decision. See a list of potential hard money lenders or use the Lendersa form to shop for your loan simultaneously with hundreds of private money lenders.

How mortgage brokers rip you off

725 is a low score; unfortunately, a small percentage of mortgage brokers could take advantage of your credit disadvantage by trying to charge you an arm and a leg. Therefore, it would be best if you compared 3-10 lenders' programs before deciding on the best lender, thus avoiding mortgage brokers' rip-offs and loan sharks.

Improve your credit score for mortgage

Improving your credit score to above 800 will enhance your chances for better loans. Understanding how credit scores work is the first step to raising your credit.

Here are a few links to resources that could raise your credit score: https://www.usa.gov/credit-reports https://www.fanniemae.com/crediteducation https://myhome.freddiemac.com/refinancing


List of lenders who consider lending to borrowers with 725 credit:

  • Wintrust Bank, National Association
  • 231 S LaSalle St, Chicago, IL, 60604
  • Wintrust Bank offers banking solutions tailored to our customers, their needs, and our unique community. No matter what your financial need, we can help. But, we also go above and beyond basic banking solutions. We host financial education courses, hold community events and throw neighborhood cookouts. We believe a bank should be a true asset the a
  • Neighborhood National Bank
  • 3511 National Ave, San Diego, CA, 92113
  • Neighborhood National Bank has proudly served the small businesses and residents of San Diego County since 1997, over two decades. As a local community bank, we pride ourselves on utilizing local deposits to invest back into the small to mid-size businesses who serve as the economic engine of San Diego.
  • Amerisell, Inc.
  • 39 Franciscan Pl, Pomona, CA, 91766
  • AmeriSell, Inc. provides Real Estate, Loan and Credit Consulting services. We also have a notary public on staff. Over 25 years of experience and excellent service. AmeriSell Mortgage provides the right type of financing for all borrowers. Our goal is to provide you the best possible rates and terms for your needs.
  • Making it Happen Enterprises Inc
  • 817 North Broadway, Suite E, Santa Ana, CA, 92701
  • Our mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.
  • SalemVA Credit Union
  • 112 West Main Street, Salem, VA, 24153
  • Salem VA Credit Union is a member-owned cooperative that operates on a not-for-profit basis. As a federal credit union, we are chartered, supervised and insured by the federal government through the National Credit Union Administration (NCUA). The NCUA insures member share accounts up to $250, 000 per member.
  • Mortgage First Corporation
  • 1761 Liberty St SE, Salem, OR, 97302
  • Mortgage First is committed to providing our clients with the best of both worlds–excellent customer service and competitive rates. Our seasoned mortgage professionals will work with you one on one to ensure that you get the right home financing solution tailored specifically to meet your needs.
  • Iron Workers Federal Credit Union
  • 2201 Liberty Avenue, Room 201, Pittsburgh, PA, 15222
  • At the Iron Workers Federal Credit Union, we are improving the accessibility and usability of our website for our members and potential members. Our efforts are based on the standards for Web Content Accessibility Guideline 2.0. It is our policy to ensure that persons with disabilities have full and equal opportunity to benefit from our services.
  • Gateway Metro Federal Credit Union
  • 35 Grasso Plz, Missouri, MO, 63123
  • Gateway Metro Federal Credit Union (GMFCU) is one of few federal credit unions in the St. Louis area. We pride ourselves on offering a wide range of financial products and services to meet our members’ needs at any stage of life. GMFCU is part of the CO-OP® network giving our members access to over 30,000 fee-less ATMs and 5,000 shared branches acr