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

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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 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:

  • Tressa Pope
  • 3500 W Olive Avenue, Suite 300, Burbank, CA, 91505
  • With over 20 years of experience in the mortgage industry, and extensive practice in originating home loans for both purchase and refinance, I am a firm believer in excellent customer service and offering the most competitive pricing. Working with me, you’ll receive: Professional advice and support in making your home financing decisions
  • Effective Mortgage Company
  • 8535 Reseda Blvd, Suite 100, Northridge, CA, 91324
  • We are a full service mortgage brokerage with experience in the areas of mortgage lending, real estate and business. Our company has established relationships with a multitude of mortgage investors and Banks to provide the best programs for your individual circumstances. Whether your looking to refinance or purchase we have a loan program for you.
  • Sequoia Residential Lending llc
  • 5700 Granite Parkway, Suite 200, Plano, TX, 75024
  • We're a full service mortgage broker with an experienced staff offering expertise in every area of mortgage lending...from purchase to refinance to construction lending. We have access to a full range of mortgage sources and all of our lending specialists are dedicated to finding the right loan-with the best rates, terms.
  • WES Credit Union
  • 38024 Second Street, Willoughby, OH, 44094
  • WES Credit Union received a state charter in 1954. The mission of the WES Credit Union is to provide the best service and the best rates possible to our members while maintaining a sound financial institution. WES Credit Union is committed to providing a website that is accessible to the widest possible audience in accordance with ADA standard
  • Idaho United Credit Union
  • 333 N. 13th Street, Boise, ID, 83702
  • Idaho United Credit Union is a credit union with a "small town" feel. With two branches, Boise and Meridian, we have the opportunity to get to know our members and meet their needs. Visit our website, call or stop by for more information. It is our commitment to our members to keep fees and charges to a minimum.
  • Vihi Mortgage Inc
  • 5725 North 5th Street, Philadelphia, PA, 19120
  • "Vihi Financial was established in 1996 to service the people of Pennsylvania. We've gained the trust of our customers by finding the best financial solutions through our dedication to quality customer service. We are licensed as insurance broker in PA and NJ. We are also licensed as PA Mortgage Broker in PA"
  • Davis Penn Mortgage Co
  • 12650 N. Featherwood Dr, Suite 120, Houston, TX, 77034
  • Since 1974, Davis-Penn Mortgage Co. has dedicated its resources to providing developers and owners the expertise to obtain construction and permanent financing through the FHA/HUD programs. We are a privately held, full-service, direct lender of HUD multifamily loans and healthcare facilities. As a GNMA approved issuer and servicer.
  • Bank of Coushatta
  • 1525 Ringgold Avenue, Coushatta, LA, 71019
  • On July 30, 1897 the Bank of Coushatta was chartered and opened for business in the Town of Coushatta, located then on the East bank of the Red River. The total capital stock of the Bank at opening was $15, 000.00. In June of 1915, with capital stock of $25, 000, a surplus of $6, 250.00.
  • ATC Managers, LLC
  • 900 Old River Rd, Bakersfield, CA, 93311
  • ATC Managers, LLC is a nation-wide direct private lender based in Bakersfield, CA. We specialize in time-sensitive and value-added deals underserved by banks and other traditional capital sources, as well as provide opportunity and rescue capital. Whether you need to close fast, have a distressed asset, or need a non-recourse loan, ATC Managers