744 Credit Score Mortgage

Options for getting a mortgage loan with 744 Credit score

With your good 744 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 744 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.


744 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 744

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 71.93$ 71.99$ 72.15% 54.34%
Programs Hard Money Hard Money Hard Money Hard Money
Points 1.34 2.07 1.82 2.13
Rate 9.57% 10.46% 9.97% 11.66%
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

744 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 744 credit:

  • ACF Home Loans LLC
  • 1081 North University Boulevard, Suite C, Middletown, OH, 45042
  • ACF Home Loans, a professional mortgage company specializing in residential mortgages.ACF Home Loans, we will find a loan that fits each borrower.Unlike big banks that have order takers helping you with your loan, we have highly skilled & trained loan consultants.Our consultants know what it takes to get through underwriting quickly & efficiently.
  • Citizens State Bank of Roseau
  • 118 Main Avenue South, Roseau, MN, 56751
  • Citizens State Bank of Roseau has been your friendly hometown bank since 1905. Citizens State Bank of Roseau operates as a bank. The Bank offers personal and commercial checking, savings, and loans, as well as online, mobile, and text banking services. Citizens State Bank of Roseau serves customers in the United States.
  • Express Home Loan Funding Corp
  • 17215 Studebaker Rd, Suite 330, Cerritos, CA, 90703
  • "Express Home Loan Funding or EHL Funding is a mortgage broker based in the city of Downey southeast Los Angeles County, California. It is dependable firm that seeks to exceed the expectations of their clients. They want to assure their clients that they will get loans whose terms are suited to their financial capability.
  • Oceanside Mortgage Corp
  • 18682 Beach Blvd, Suite 200, Huntington Beach, CA, 92648
  • We offer the assistance you need to help in all of your mortgage endeavors. Whether you are consolidating your debt, refinancing your home, or buying your first house, we have the expertise to make it a fast, easy, and enjoyable process. We have a Large Variety of Loan Programs to fit your Mortgage Needs.
  • Gulf Mortgage Group, LLC
  • 38034 Post Office Road, Suite A, Prairieville, LA, 70769
  • Gulf Mortgage Group, LLC, our mission is to set a high standard in the mortgage industry. We are committed to quality customer service - putting the people we serve first. Our goal is to carefully guide you through the home loan process, so that you can confidently select the best mortgage for you
  • Holley Credit Union
  • 1107 Mineral Wells Ave., Paris, TN, 38242
  • Holley Credit Union has been serving our members since 1952. We are federally insured by the NCUA to at least $250, 000. Contact us today to see how you can become a member! Credit Union has been serving our members since 1952. We are federally insured by the NCUA to at least $250, 000
  • Certified Home Loans
  • 1200 S Pine Island Rd;, Suite 670, Fort Lauderdale, FL, 33324
  • Certified Home Loans is committed to providing the highest level of personal financial services in a professional manner. First and foremost, we represent our clients ensuring they have access to the best rates and a variety of mortgage products. Our high standards provide our clients with mortgage-based savings
  • Pendleton Community Bank
  • 128 North Main Street, Franklin, WV, 26807
  • PCB is an independent community bank dedicated to providing products and services that facilitate financial success for our customers, encouraging professional success for our team members, and stimulating economic growth in our communities. Serving West Virginia and Virginia since 1925, PCB is Your Bank for Generations.
  • The Harvard State Bank
  • 35 N. Ayer Street, Harvard, IL, 60033
  • The Harvard State Bank has led the way with safe and sound business principles; helpful, friendly customer relations; and state of the art banking plans and developments. We offer ATM service in a number of locations; a wide variety of checking, savings and money market accounts; a complete Loan Department offering a wide variety of mortgages.