Can You Get A Mortgage With Fair Credit?
Posted by Florida Realty Marketplace on
Mortgage With Fair Credit: Yes, It's Possible
Many people with fair credit think they can't get a mortgage. After all, those with fair credit are not among the credit score elite -- those individuals with credit scores of 800 or more.
Instead, fair-credit borrowers are likely to have some late payments and maybe even a missed payment or two.
But there is some good news: You can get a mortgage with fair credit.
In fact, savvy lenders may be very interested in your business.
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Fair Credit Explained
Before you can figure out how to get a mortgage, you must understand what “fair credit” really means. This is a problem because the definition of fair credit is fuzzy. Like beauty, it's in the eye…
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