754 Credit Score Mortgage

Options for getting a mortgage loan with 754 Credit score

With your good 754 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 754 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.


754 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 754

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 72.41$ 72.44$ 72.62% 54.46%
Programs Hard Money Hard Money Hard Money Hard Money
Points 1.28 2.01 1.76 2.07
Rate 9.51% 10.4% 9.91% 11.6%
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

754 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 754 credit:

  • John Adams Mortgage
  • 25800 Northwestern Hwy, Suite 110, Southfield, MI, 48075
  • John Adams Mortgage is a Michigan based, full service mortgage lender. As a lender, we originate, process, underwrite, close and insure our own loans. Our strength and knowledge of the mortgage industry has allowed us to successfully weather the vast changes over the past few years.
  • Vinton County National Bank - VCNB
  • 112 West Main St., Mc Arthur, OH, 45651
  • At Vinton County National Bank we are proud of our long history and excited about our promising future. Founded in McArthur, Ohio in 1867, we are a Bauer Financial 5-Star Rated Financial Institution. Since our founding in a small town storefront 153 years ago, we have shown tremendous growth and prosperity.
  • Elite Residential Lending Inc
  • 9300 South Ashland Avenue, Chicago, IL, 60620
  • Elite Commercial Lending dba Elite Residential Lending is currently licensed in Illinois and is a full-service mortgage broker, headquartered in Chicago, Illinois and we offer fast service, low rates and we provide an innovative mix of mortgage products. Our Vice President has over 27 years of mortgage experience.
  • ACMG Federal Credit Union
  • 1753 Milton Avenue, Syracuse, NY, 13209
  • ACMG Federal Credit Union exists solely to serve the needs of our members by providing them the tools they need to manage their everyday finances and assist them in reaching their financial goals. Think of us as a resource that provides both a safe place to save your money, and a honest place to borrow money.
  • Coast Jewelry & Loan
  • 1836 Newport Blvd, Costa Mesa, CA, 92627
  • Our business is the oldest Collateral Brokerage in Orange County and is still family owned, operated and running! Not many business operations can say they have done so for almost 70 years and still stay under the same ownership. Orginally located in Santa Ana, our business moved in 1995.
  • Renovo Capital, LLC
  • 407 Lake St E, Suite 201, Wayzata, MN, 55391
  • At Renovo Capital, LLC our goal is to add value for clients by providing simple financing solutions. We are a small team that is based in the western suburbs or Minneapolis and all have deep-rooted interests in different aspects of real estate and construction that we use to help clients achieve their goals.
  • Mercer Credit Union
  • 100 SE 3rd Street, Aledo, IL, 61231
  • Mercer Credit Union was founded in 1969. The credit union has assets totaling $2.99 Million and provides banking services to more than 500 members. The credit union is a member-owned financial cooperative providing banking services including savings, loans, and other financial services to members.
  • Gold Standard Mortgage
  • 937 Sierra Street, Kingsburg, CA, 93631
  • "Gold Standard Mortgage is a family founded business with the vision of delivering THE DREAM of homeownership to local families. We wanted to bring the “old fashion” customer service back to the mortgage industry. Relying on our core values and service to develop relationships to bring a professional and personal experience to Home Buyers"
  • Empire Lending Group
  • 5097 Wagon Wheel Way, Antioch, CA, 94531
  • Empire Lending Group's 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.
  • Liberty Bank
  • 40956 Alabama Highway 75, Geraldine, AL, 35974
  • Founded in 1971, Liberty Bank serves Dekalb, Marshall, Cherokee, Etowah and Blount counties in North Alabama. Liberty Bank is a true community bank with the best interests of our customers in mind. Providing outstanding service and dependability are our ultimate goals and also Full Service Office Location and are located at 40956 Alabama Highway 75