Buying A Home With Less Than Perfect Credit

Dated: August 29 2019

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Just because your credit score isn't ideal, doesn't mean you can't finance a home. Consider these options:

  • The FHA offers affordable financing to first-time buyers and others with less than a 20% down payment. Those who qualify may pay as little as 3.5% down!

  • The VA, USDA, and Navy Federal Credit Union are three government-related lenders that offer mortgages with as little as ZERO down. The VA serves veterans and family members; the USDA typically serves buyers in rural areas; and the Navy Federal Credit Union serves military personnel and their families, as well as some government employees. 

  • A parent, other relative or friend (who has good credit and is willing to take on the responsibility) can co-sign your mortgage loan.

  • Some local and state agencies sponsor assistance programs. For more information, visit websites such as and

If you're not already working with a lender, I would highly recommend calling Evangeline Scott. She's a Certified Mortgage Planner with Finance of America who can not only help you get started on a loan, but she also works with clients to repair their credit and discuss options to  help them get to a more financially secure situation.

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C: (916) 496-0160


Folsom Branch | 950 Glenn Dr., Ste 265, Folsom, CA 95630

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Rachel Librach - CalDRE #02081922

I understand that buying a home can often times be one of the biggest financial decisions of a person's life. Not only can the whole process seem stressful, emotional, and time consuming, but if you a....

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