807 Credit Score Mortgage

Options for getting a mortgage loan with 807 Credit score

With an excellent 807 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 807 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.


Note: Lendersa loan requests contain all the data points mortgage brokers need to get you loan proposals.
807 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 780-850 807

Despite having a low credit score, Private investors will refinance your mortgage as long as you have enough equity in the property or you put in a large down payment.

Owner-Occupied Residential Non-Owner-Occupied Residential Commercial Hard Money Vacant Land
Max Loan to Value 75.77$ 75.87$ 74.57% 55.06%
Programs Hard Money Hard Money Hard Money Hard Money
Points 0.98 1.71 1.46 1.77
Rate 9.21% 10.1% 9.61% 11.3%
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

A small percentage of mortgage brokers could take advantage of your great credit score 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 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 807 credit:

  • Scott Associates Credit Union Inc
  • 14111 Scottslawn Road, Marysville, OH, 43041
  • The Scott Associates Credit Union was charted on October 17, 1967 under the laws of the State of Ohio to serve the associates of the O.M. Scott and Sons Company. It was created through the efforts of members of the Scott Associate Board that strongly believed in the Scott Associate Concept.
  • Snap Home Loans
  • 7644 North Palm Avenue, Fresno, CA, 93711
  • SNAP! Home Loans is the industries Lowest Cost, Most Tech Lending Solution. Because we are a broker we provide Buyers with what we call “Fair Market Pricing” by shopping their loan with as many as 20 different banks. This provides our borrowers with the best financing available, with the most flexibility, at the lowest out of pocket price.
  • Better Choice Financial
  • 200 Main Street, Suite 240A, Huntington Beach, CA, 92648
  • Better Choice Financial is a full service mortgage broker offering a full array of mortgage products, including conforming, jumbo, FHA, and VA loans.Because we can offer you a number of different products to help you, you never have to worry about our consultants pressuring you in to anything.
  • First Fidelity Financial Group
  • 5100 N. Classen Blvd, Suite 500, Oklahoma City, OK, 73118
  • First Fidelity Bank takes pride in its legacy as a community Bank. Since 1920, we’ve been serving clients with the high level of individual care that community Banks are known for, while using the same sophisticated technology as large national Banks. An award-winning financial institution, First Fidelity Bank’s commitment to our clients
  • Miami Mortgage Advisors LLC
  • 201 S Biscayne Blvd Ste 2813, Miami, FL, 33131
  • "Miami Mortgage Advisors is a local brokerage offering you timely attention, a fully online option,that leverages national and privately held lenders to offer the most competitive programs available on the market. Miami Mortgage Advisors has over 20 years of experience specializing in Conventional, FHA, VA, USDA, and private lending options."
  • Hyak Financial
  • 2435 Strider Ln, Suite 105, Bellingham, WA, 98226
  • Hyak Financial provides a wide variety of commercial mortgage products and business financing services. With over 90 years of combined commercial banking, mortgage, and real estate experience, the Hyak Financial Team has the experience to find the best rates and terms on most commercial real estate or business financing transactions.
  • Marblehead Bank
  • 21 Atlantic Avenue, Marblehead, MA, 01945
  • Founded in 1871, Marblehead Bank has been helping generations of families on the North Shore, grow and prosper. We help lead them to brighter and financially sound futures. Today, we’re one of North Shore’s finest banks. We hope to be given the opportunity to show you how much we care!
  • Newland Mortgage
  • 4000 Kruse Way Pl, Bldg 3, Suite 120, Lake Oswego, OR, 97034
  • Newland Mortgage was founded on principles of education, information and transparency. As a full service Independent Mortgage Broker we have the ability to shop the best wholesale lenders in the country to find the most competitive rates and options. Our goal is to be the premier mortgage broker in the Portland market.
  • Security America Mortgage, Inc.
  • 7514 Shadyvilla Ln, Houston, TX, 77055
  • Security America Mortgage specializes in Construction loans, VA loans, ITIN loans, Conventional loans, and FHA loans. Our motto is "serving those who served" because we have great love for our Veterans and country. Not many VA lenders specialize in the VA one time close construction loan. Let us help you with the home loan that's best for you and
  • Golden Lenders
  • 18950 W 54th, Golden, CO, 80403
  • We have more than 25 years of experience in the mortgage industry – just the expertise you need for a successful outcome. Our team of mortgage consultants work to simplify the process for you, while educating you on this complex process. Whether its your first home, or you’re an experienced home buyer