698 Credit Score Mortgage

Options for getting a mortgage loan with 698 Credit score

With your good 698 credit score, you could expect quality mortgage programs and competitive rates & terms. Conventional mortgages, Jumbo, Super Jumbo, FHA, Va, USDA, and Non-QM loans are at your fingertips, and every lender in the country will try to compete for your business.

Best rate & terms for your 698 credit score

Your credit score 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.


698 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 680-719 698

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 66.47$ 66.57$ 67.27% 53.76%
Programs Hard Money Hard Money Hard Money Hard Money
Points 1.63 2.36 2.11 2.42
Rate 9.86% 10.75% 10.26% 11.95%
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 32%

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 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 698 credit:

  • Neighborhood Housing Services Of The Inland Empire
  • 1845 Business Center Drive S, Suite 120, San Bernardino, CA, 92408
  • Neighborhood Housing Services of the Inland Empire is a one stop shop, providing answers & support to meet our clients'​ housing needs. As a non-profit our mission is to build great communities, one home at a time. we treat each customer as an individual, not a number. We don't place you into a loan profile formula created by the banking industry.
  • Nobel Mortgage & Investments, LLC
  • 11111 Katy Fwy #425, Houston, TX, 77079
  • Noble Mortgage & Investments, LLC was founded by Darel I. Daik (Residential Mortgage Loan Originator, NMLS ID#316081) in 2003 to provide innovative, timely, and competitive financing for real estate opportunities. and also We are a direct private real estate lender of hard money & conventional capital for both residential & commercial properties in
  • CornerstoneBank
  • 2060 Mount Paran Road NW, Suite 100, Atlanta, GA, 30327
  • CSB, we are passionate about community banking. We’re committed to the relationships we build and the communities we serve. Local. And Proud Of It. is more than our tagline: it’s what drives every interaction with our clients and communities. We offer a full range of banking services designed for businesses
  • DFCU Financial
  • 400 Town Center Dr, Dearborn, MI, 48126
  • DFCU Financial is one of Michigan’s largest credit unions with more than $5.4 billion in assets & currently operates full-service branches in Detroit, Ann Arbor, Grand Rapids & Lansing. We’re proud to be an award-winning workplace named a “Top 100 Workplace” by the Detroit Free Press & one of the “101 Best and Brightest Companies.
  • Milo
  • 1101 Brickell Ave, Suite 1700, Miami, FL, 33131
  • At Milo, we are building amazing digital solutions and rethinking what’s possible. Milo has built the leading home credit solution for global consumers. By building our technology stack from the ground up and bringing on a world class team, we have already lent out millions of dollars to amazing consumers.
  • Bridgeway Capital Group
  • 18436 Hawthorne Blvd, Suite 101, Torrance, CA, 90503
  • Whether you are looking for bridge and hard money loans, SBA financing, hotel financing, business loans, or any other type of commercial lending product, turn to us at Bridgeway Capital Group. We are a nationally recognized leader in the commercial finance industry and look forward to helping you with all of your funding needs.
  • Best Rate Mortgage LLC
  • 28 Broadway Street, Westford, MA, 01886
  • Best Rate Mortgage MA was started in 2011 in Charlestown MA and now serves the entire Commonwealth with below market rates and personalized customer service. With loan officers located across the state and equipped with state of the art technology, the mortgage process is easily tailored to those who demand either in-person.
  • Mortgage On A Mission
  • 701 Commerce Street, Suite 609, Dallas, TX, 75202
  • Ben Strube A Texas native, he started his own company, Mortgage On A Mission, In 2020. Mortgage brokerage firm serving Texas home buyers with a variety of lender partners, offering FHA, Conventional, VA, USDA, Jumbo, and Down Payment Assistance loan programs. We believe people deserve honest advice, not sales quotas that put lenders first.
  • Delmarva Power Federal Credit Union
  • 2530 N Salisbury Boulevard, Salisbury, MD, 21801
  • Our Mission is to provide the highest quality service to our members in loans, savings & services in a most professional, confidential & ethical manner. Delmarva Power FCU is a member-owned, not-for-profit, financial cooperative. Unlike commercial banks, credit unions return earnings to their members instead of profiting stockholders.
  • Honest Mortgage Company, LLC
  • 1127 S Old US Highway 23, Brighton, MI, 48114
  • Honest Mortgage Co. operates as a mortgage brokerage, and we’re very proud of that. Because of that, and our access to programs and interest rates from the largest wholesale mortgage lenders in the country, we can save you money by lowering your interest rate and keeping your closing costs as low as possible.