840 Credit Score Mortgage

Options for getting a mortgage loan with 840 Credit score

With an excellent 840 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 840 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.
840 credit score mortgage

Compare 10 Lenders In Minutes

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 780-850 840

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 75.93$ 76.03$ 74.73% 55.22%
Programs Hard Money Hard Money Hard Money Hard Money
Points 0.9 1.63 1.38 1.69
Rate 9.13% 10.02% 9.53% 11.22%
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 840 credit:

  • The First State Bank
  • 100 N. McKinney, Rice, TX, 75155
  • The First State Bank of Rice is a member of the Rice Bancshares, Inc. located in Rice, Texas. FSB of Rice offers the services of a modern financial institution while maintaining the integrity of a community bank where decisions are made locally. First State Bank takes pride in having served our community since 1928.
  • Platinum Financial Services
  • 1224 East Katella Avenue, Suite 207, Orange, CA, 92867
  • Platinum Financial Services is a California based Corporation established September 20, 2002. We are located in the Orange California and we're licensed by the Department of Real Estate. Platinum Financial Services is primarily a Mortgage Lender; but we also have a Real Estate Division and Escrow Division, to help with all your needs.
  • Mortgage Plus Inc
  • 62 State Route 36 South, 2nd Floor, Keyport, NJ, 07735
  • Our 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.
  • Yieldi
  • 1 Glenlake Pkwy Ste. 1050, Atlanta, GA, 30328
  • At Yieldi, our mission is to empower real estate investors with secure, asset-backed lending solutions that drive financial growth and stability. We simplify the investment process through our innovative marketplace, ensuring transparency, efficiency, and robust returns. By fostering strong partnerships with borrowers, brokers, and investors, we ar
  • Evergreen Home Loans
  • 1006 NE 3rd St, Suite B, McMinnville, OR, 97128
  • Evergreen Home Loans is a premier local mortgage lender. We originate, fund, and service loans for our direct mortgage customers and provide mortgage solutions for our business partners, banks and credit unions. We deliver on time and as promised® while providing a “WOW” experience for our customers and our Evergreen family of associates.
  • Morrisons Cove 1st Federal Credit Union
  • 7533 Woodbury Pike, Roaring Spring, PA, 16673
  • The Morrisons Cove 1st Federal Credit Union is a member owned and controlled Financial Institution whose purpose is to maximize benefits by providing cost-effectiveness and to promote thrift and cooperation among the membership; to expand both membership and services while maintaining financial soundness.
  • Credit Union of Southern California
  • PO Box 200, Whittier, CA, 90608
  • We’re a service staffed by friendly, helpful people who are here to help you achieve your financial goals and financially thrive . The financial industry is filled with people who can count. Our goal at CU SoCal is to be people you can count on. The people who work for us know they work for you.
  • Southern Heritage Bank LA
  • 701 4th St, Suite B, Alexandria, LA, 71301
  • Southern Heritage Bank is an independently owned community Bank with a concern for meeting the financial needs of the residents of Rapides, Catahoula, and LaSalle parishes. Southern Heritage Bank is currently celebrating 44 years of service to residents of Lasalle, Catahoula and Rapides Parishes!