Can I get a mortgage if I have a low credit score or other financial issues?

Movingto Editorial Team
Answered 
December 18, 2022

It may be more difficult to get a mortgage if you have a low credit score or other financial issues, but it is not necessarily impossible. The lender will consider your credit score and overall financial situation when evaluating your mortgage application, and a low credit score or financial issues may result in a higher interest rate or more stringent eligibility criteria.

However, there may be options available to help you get a mortgage despite your credit score or financial issues. For example, you may be able to get a mortgage with a co-borrower who has a stronger credit score or financial situation, or you may be able to get a mortgage from a lender that specializes in working with borrowers with credit issues.

It is a good idea to research and compare mortgage products from different lenders to find the one that is most suitable for your needs and financial situation. You may also want to consider seeking the advice of a financial advisor or mortgage broker who can help you understand your options and find a mortgage solution that meets your needs.

Want further advice?

RHJ Group are the experts in this field, and can help with your enquiries.

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