762 Credit Score Mortgage

Options for getting a mortgage loan with 762 Credit score

With your good 762 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 762 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.


762 credit score mortgage

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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 762

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 72.89$ 72.89$ 73.09% 54.58%
Programs Hard Money Hard Money Hard Money Hard Money
Points 1.22 1.95 1.7 2.01
Rate 9.45% 10.34% 9.85% 11.54%
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

762 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 762 credit:

  • Select Home Loan Group LLC
  • 14601 Yosemite Street, Brighton, CO, 80602
  • At Select Home Loan Group LLC. We are a full service mortgage company based in Brighton, CO. We specialize in Purchase, Refinance, and Conventional Loans in Brighton. We also serve the surrounding cities in Adams County. Whether you are buying a home or refinancing in the zip code 80602,
  • Goettl Mortgage Corporation
  • 2550 W Union Hills Dr, Suite 350, Phoenix, AZ, 85027
  • Goettl Mortgage Corporation since 2018. Laurie serves as a guiding light with the “Clients First” attitude that sets an example to her employees. Her ability as a leader has proven to be a benefit in spearheading every endeavor, she has been a part of in the business field. Also, she has hands-on experience with management, loan origination.
  • Evergreen Credit Union
  • 1500 W American Drive, Neenah, WI, 54956
  • Evergreen Credit Union was originally started by the employees of Wisconsin Tissue Mills in 1958 to help their fellow employees with financial needs that were not being met by the local banks. In 1984, we outgrew the space available in the plant and built the first branch across the street.
  • Central Rockies Mortgage Corp
  • 30 Benchmark Rd, Suite G3, Avon, CO, 81620
  • Central Rockies Mortgage was formed in 1992. Robert Grems, David Lau and William DesPortes took over ownership of the company in 2016. Our reputations, and the impeccable reputation of the company, have been built and established on providing exceptional and ongoing customer service to each and every one for our valued clients.
  • Hampton Mortgage Group
  • 11323 E San Raphael Driveway, San Diego, CA, 92111
  • Hampton Mortgage Group are a buying, selling, refinancing, or building your dream home, you have a lot riding on your loan officer. Since market conditions and mortgage programs change frequently, you need to make sure you’re dealing with a top professional who is able to give you quick and accurate financial advice.
  • Genex Lending LLC
  • 1775 Lanyon Drive, Bartlett, IL, 60103
  • 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.
  • eLoan Group, Inc.
  • 6740 Tampa Avenue, Reseda, CA, 91335
  • eLoan Group, Inc. is a mortgage brokerage firm specializing in conventional, conforming, FHA, VA, USDA, jumbo, super Jumbo, reverse mortgages, commercial, construction and private money loans. A family business since 1990, we pride ourselves on our exceptional service, decades of experience, and lending programs tailored to our valued clients.
  • Castle Mortgage Brokerage Inc
  • 1819 Acushnet Ave, New Bedford, MA, 02746
  • Our focus is to help you achieve the "American Dream" through proper financing of your home purchase or refinance. We have a vested interest in satisfying your needs. We will select the best lender from are many sources to provide you with a loan that needs your individual needs.
  • KLB Business Funding
  • 3702 Pratt Avenue, Bronx, NY, 10466
  • KLB Business Funding is composed of a group of highly experienced and seasoned, certified, financial professionals. With our knowledge and expertise, we can usually find a solution for all your financing needs. Unlike a bank, or local lending institution, which only lend to the most credit-worthy businesses, KLB Business Funding,
  • Peach State Federal Credit Union
  • 1505 Lakes Parkway, Suite 100, Lawrenceville, GA, 30043
  • Peach State Federal Credit Union serves more than 60, 000 members in Georgia and South Carolina. In 2012, the Board of Directors voted to change the credit union's name to Peach State Credit Union to better reflect our membership base. Peach State offers membership to the employees of our sponsor Boards of Education and many select employee groups.
  • Israel Discount Bank of New York
  • 1114 Avenue of the Americas, New York, NY, 10036
  • IDB Ltd. began its operations in New York City in 1949, when it established a representative office. At that time there were only a few employees and limited contact with the public. In 1962, IDB Ltd. became one of the first foreign banks to open a branch in New York when the New York State banking law was changed to allow foreign banks.