{"id":141,"date":"2022-12-01T09:30:22","date_gmt":"2022-12-01T09:30:22","guid":{"rendered":"https:\/\/www.privamortgage.com\/blog\/?p=141"},"modified":"2022-12-01T09:51:15","modified_gmt":"2022-12-01T09:51:15","slug":"buying-a-house-with-bad-credit-a-guide-to-mortgage-options","status":"publish","type":"post","link":"https:\/\/www.privamortgage.com\/blog\/buying-a-house-with-bad-credit-a-guide-to-mortgage-options\/","title":{"rendered":"Buying a House with Bad Credit: A Guide to Mortgage Options"},"content":{"rendered":"<p><span data-preserver-spaces=\"true\">You don\u2019t need an excellent credit score to buy a house; buying a house with bad credit is possible. While you won\u2019t get the lowest rates or best terms, there are options when you have less-than-perfect credit and want to buy a house. Of course, in a perfect situation, you\u2019d fix your credit before buying a house, but if you\u2019re in a hurry, here\u2019s how it works.<\/span><\/p>\n<h2><strong><span data-preserver-spaces=\"true\">What is the Lowest Credit Score to Buy a House?<\/span><\/strong><\/h2>\n<p><span data-preserver-spaces=\"true\">First, you should know that lenders consider \u2018bad\u2019 credit any score less than 670. That\u2019s the traditional scoring model, so anyone with a score lower than 670 will need alternative options for mortgage financing.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Fortunately, credit scores between 580 to 669 are considered fair, and many mortgage lenders have options for it, allowing you to secure a mortgage.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">So the lowest credit score to buy a house depends on the lender but is typically 580, but some programs allow scores as low as 500.<\/span><\/p>\n<h2><strong><span data-preserver-spaces=\"true\">Is Buying a House with Bad Credit Possible?<\/span><\/strong><\/h2>\n<p><span data-preserver-spaces=\"true\">Buying a house with bad credit is possible, but you\u2019ll need compensating factors for the risk.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">In other words, you must show lenders you are a good risk despite your<strong> lower credit score<\/strong>. Some common compensating factors include:<\/span><\/p>\n<ul>\n<li><span data-preserver-spaces=\"true\">Large down payment \u2013 If you can put more than the minimum down payment, you reduce the risk you pose and may get approved with a lower credit score.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">\u00a0Low debt-to-income ratio \u2013 The less debt you have outstanding when you <a href=\"https:\/\/www.privamortgage.com\">apply for a mortgage<\/a>, the less risk you pose to a lender. Keep your credit card and other loan balances down for the best results.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Reserves \u2013 Any money you have as liquid assets, such as money in savings accounts, can be reserves. This is money you can use to make your mortgage payment if your income stops or is reduced.<\/span><\/li>\n<\/ul>\n<h2><strong><span data-preserver-spaces=\"true\">How to Buy a House With Bad Credit<\/span><\/strong><\/h2>\n<p><span data-preserver-spaces=\"true\">You\u2019ll have to look around for a loan if you have bad credit. Unfortunately, most borrowers with bad credit don\u2019t qualify for conventional financing, but with these steps, you may find the financing you need.<\/span><\/p>\n<h3><strong><span data-preserver-spaces=\"true\">Look Beyond Banks<\/span><\/strong><\/h3>\n<p><span data-preserver-spaces=\"true\">If you have bad credit, don\u2019t apply for a mortgage with your local bank. They typically have tough qualifying requirements and only a few programs for those with great credit. Instead, look at online lenders and mortgage brokers to get your needed funding.<\/span><\/p>\n<h3><strong><span data-preserver-spaces=\"true\">Consider Government-Backed Loans<\/span><\/strong><\/h3>\n<p><span data-preserver-spaces=\"true\">Government-backed loans have lower credit score requirements than typical mortgage loans. For example, FHA loans require a minimum 580 credit score and 3.5% down and a 500 credit score with a 10% down payment.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The VA doesn\u2019t have specific credit score requirements for veterans and surviving spouses, and USDA loans require a 640 credit score.<\/span><\/p>\n<h3><strong><span data-preserver-spaces=\"true\">Use a Co-Signer<\/span><\/strong><\/h3>\n<p><span data-preserver-spaces=\"true\">If you can\u2019t get approved for a government-backed loan yourself, consider asking a close family member (with good credit) to be a co-signer. Only do this if you are comfortable with the mortgage payment and know you\u2019ll stay on top of your obligations. Co-signers are just as responsible for the mortgage as you are, especially if you stop making payments.<\/span><\/p>\n<h2><strong><span data-preserver-spaces=\"true\">How to Raise Your Credit Score Before Buying a House<\/span><\/strong><\/h2>\n<p><span data-preserver-spaces=\"true\">If your credit score isn\u2019t high enough to buy a house, or you want better rates and terms, consider these tips to increase your credit score:<\/span><\/p>\n<ul>\n<li><span data-preserver-spaces=\"true\">Bring all late payments current<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Keep paying your bills on time<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Lower your outstanding credit card balances<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Don\u2019t apply for new credit<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Don\u2019t close any old credit accounts<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Ask for a credit line increase from your credit card companies (but don\u2019t use it)<\/span><\/li>\n<\/ul>\n<h2><strong><span data-preserver-spaces=\"true\">Home Loan Options for Buyers With Bad Credit<\/span><\/strong><\/h2>\n<p><span data-preserver-spaces=\"true\">Here are bad credit loan options if you need a loan now.<\/span><\/p>\n<h3><strong><span data-preserver-spaces=\"true\">Conventional Loans<\/span><\/strong><\/h3>\n<p><span data-preserver-spaces=\"true\">Conventional lenders typically require a credit score of at least 670, but some lenders allow lower scores. The key is to have compensating factors or ways to \u2018make up for the low score.\u2019 If you can compensate for it and show you\u2019re a good risk, you may still qualify for a conventional loan with bad credit.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Conventional loans require Private Mortgage Insurance until you have 20% equity in the home. You can then cancel PMI and lower your mortgage payment.<\/span><\/p>\n<h3><strong><span data-preserver-spaces=\"true\">FHA Loans<\/span><\/strong><\/h3>\n<p><span data-preserver-spaces=\"true\">FHA loans are much more flexible, sometimes allowing credit scores as low as 500. You\u2019ll need at least a 3.5% down payment (with a 580 credit score) to prove that you\u2019ll occupy the home as your primary residence. FHA loans aren\u2019t for vacation homes or investment properties.<\/span><\/p>\n<p>Also Read : <a href=\"https:\/\/www.privamortgage.com\/blog\/how-are-fha-and-conventional-loans-different\/\">FHA vs. Conventional Loan<\/a><\/p>\n<p><span data-preserver-spaces=\"true\">FHA loans require mortgage insurance for the life of the loan. So as long as you have the loan, you\u2019ll pay 0.85% of the outstanding balance in annual mortgage insurance premiums.<\/span><\/p>\n<h3><strong><span data-preserver-spaces=\"true\">VA Loans<\/span><\/strong><\/h3>\n<p><span data-preserver-spaces=\"true\">Veterans or surviving spouses of veterans may qualify for VA financing. Each lender sets the minimum credit score as the VA doesn\u2019t require one, and veterans can borrow 100% of the sales price.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">VA loans are also only for primary residences, and you must be eligible for VA benefits and provide your Certificate of Entitlement to prove you\u2019re eligible.<\/span><\/p>\n<h3><strong><span data-preserver-spaces=\"true\">USDA Loans<\/span><\/strong><\/h3>\n<p><span data-preserver-spaces=\"true\">USDA loans are for borrowers who don\u2019t qualify for any other financing and don\u2019t currently own a home. You must buy a home in a \u2018rural area,\u2019 which the<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/eligibility.sc.egov.usda.gov\/eligibility\/welcomeAction.do;jsessionid=5iZeh7LJy7WGjGZuZLIpIvjN\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">\u00a0USDA has loose guidelines about<\/span><\/a><span data-preserver-spaces=\"true\">, and you can borrow up to 100% of the sales price.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">USDA loans require a minimum 640 credit score, and you must also use the home as your primary residence only. The USDA also requires that the home be modest for the area.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">USDA loans have mortgage insurance for the loan\u2019s term, but the amount is lower than FHA loans. USDA loans require 0.35% of the outstanding balance annually.<\/span><\/p>\n<h2><strong><span data-preserver-spaces=\"true\">Final Thoughts<\/span><\/strong><\/h2>\n<p><span data-preserver-spaces=\"true\"><strong>Buying a home<\/strong> with bad credit isn\u2019t as hard as it seems. Borrowers have many options depending on their circumstances.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Explore your options and look at the big picture to determine which loan makes the most sense. For example, consider the loan\u2019s down payment requirements, interest rates, and total cost of the life of the loan.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>You don\u2019t need an excellent credit score to buy a house; buying a house with bad credit is possible. While you won\u2019t get the lowest rates or best terms, there are options when you have less-than-perfect credit and want to buy a house. Of course, in a perfect situation, you\u2019d fix your credit before buying [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":142,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[14],"tags":[66,63,47,74,69,70,65,64,67,68,73,72,71],"class_list":["post-141","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mortgage","tag-bad-credit-home-loan","tag-buying-a-house","tag-conventional-loan","tag-credit-score-to-buy-a-house","tag-fha-loans","tag-first-time-home-buyer","tag-home-buying-process-with-bad-credit","tag-minimum-credit-score","tag-mortgage-lenders","tag-refinance-your-mortgage","tag-repairing-your-credit-score","tag-usda-loans","tag-va-loans"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Buying a House with Bad Credit: A Guide to Mortgage Options<\/title>\n<meta name=\"description\" content=\"Buying a house with bad credit is easier than you might think. Many loan options are available to help you buy a home faster than you thought possible.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.privamortgage.com\/blog\/buying-a-house-with-bad-credit-a-guide-to-mortgage-options\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Buying a House with Bad Credit: A Guide to Mortgage Options\" \/>\n<meta property=\"og:description\" content=\"Buying a house with bad credit is easier than you might think. Many loan options are available to help you buy a home faster than you thought possible.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.privamortgage.com\/blog\/buying-a-house-with-bad-credit-a-guide-to-mortgage-options\/\" \/>\n<meta property=\"og:site_name\" content=\"Priva Mortgage - Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/privamortgage\" \/>\n<meta property=\"article:published_time\" content=\"2022-12-01T09:30:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-01T09:51:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.privamortgage.com\/blog\/wp-content\/uploads\/2022\/12\/Buying-a-House-with-Bad-Credit.png\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"privablogadmin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"privablogadmin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.privamortgage.com\\\/blog\\\/buying-a-house-with-bad-credit-a-guide-to-mortgage-options\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.privamortgage.com\\\/blog\\\/buying-a-house-with-bad-credit-a-guide-to-mortgage-options\\\/\"},\"author\":{\"name\":\"privablogadmin\",\"@id\":\"https:\\\/\\\/www.privamortgage.com\\\/blog\\\/#\\\/schema\\\/person\\\/37ae62d11395b7dd30a8077add625c0f\"},\"headline\":\"Buying a House with Bad Credit: A Guide to Mortgage Options\",\"datePublished\":\"2022-12-01T09:30:22+00:00\",\"dateModified\":\"2022-12-01T09:51:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.privamortgage.com\\\/blog\\\/buying-a-house-with-bad-credit-a-guide-to-mortgage-options\\\/\"},\"wordCount\":1026,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.privamortgage.com\\\/blog\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.privamortgage.com\\\/blog\\\/buying-a-house-with-bad-credit-a-guide-to-mortgage-options\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/i0.wp.com\\\/www.privamortgage.com\\\/blog\\\/wp-content\\\/uploads\\\/2022\\\/12\\\/Buying-a-House-with-Bad-Credit.png?fit=800%2C400&ssl=1\",\"keywords\":[\"bad credit home loan\",\"buying a house\",\"Conventional Loan\",\"credit score to buy a house\",\"FHA Loans\",\"first-time home buyer\",\"home buying process with bad credit\",\"minimum credit score\",\"mortgage lenders\",\"refinance your mortgage\",\"repairing your credit score\",\"USDA Loans\",\"VA Loans\"],\"articleSection\":[\"Mortgage\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.privamortgage.com\\\/blog\\\/buying-a-house-with-bad-credit-a-guide-to-mortgage-options\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.privamortgage.com\\\/blog\\\/buying-a-house-with-bad-credit-a-guide-to-mortgage-options\\\/\",\"url\":\"https:\\\/\\\/www.privamortgage.com\\\/blog\\\/buying-a-house-with-bad-credit-a-guide-to-mortgage-options\\\/\",\"name\":\"Buying a House with Bad Credit: A Guide to Mortgage Options\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.privamortgage.com\\\/blog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.privamortgage.com\\\/blog\\\/buying-a-house-with-bad-credit-a-guide-to-mortgage-options\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.privamortgage.com\\\/blog\\\/buying-a-house-with-bad-credit-a-guide-to-mortgage-options\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/i0.wp.com\\\/www.privamortgage.com\\\/blog\\\/wp-content\\\/uploads\\\/2022\\\/12\\\/Buying-a-House-with-Bad-Credit.png?fit=800%2C400&ssl=1\",\"datePublished\":\"2022-12-01T09:30:22+00:00\",\"dateModified\":\"2022-12-01T09:51:15+00:00\",\"description\":\"Buying a house with bad credit is easier than you might think. Many loan options are available to help you buy a home faster than you thought possible.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.privamortgage.com\\\/blog\\\/buying-a-house-with-bad-credit-a-guide-to-mortgage-options\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.privamortgage.com\\\/blog\\\/buying-a-house-with-bad-credit-a-guide-to-mortgage-options\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.privamortgage.com\\\/blog\\\/buying-a-house-with-bad-credit-a-guide-to-mortgage-options\\\/#primaryimage\",\"url\":\"https:\\\/\\\/i0.wp.com\\\/www.privamortgage.com\\\/blog\\\/wp-content\\\/uploads\\\/2022\\\/12\\\/Buying-a-House-with-Bad-Credit.png?fit=800%2C400&ssl=1\",\"contentUrl\":\"https:\\\/\\\/i0.wp.com\\\/www.privamortgage.com\\\/blog\\\/wp-content\\\/uploads\\\/2022\\\/12\\\/Buying-a-House-with-Bad-Credit.png?fit=800%2C400&ssl=1\",\"width\":800,\"height\":400,\"caption\":\"Buying a House with Bad Credit\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.privamortgage.com\\\/blog\\\/buying-a-house-with-bad-credit-a-guide-to-mortgage-options\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.privamortgage.com\\\/blog\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Buying a House with Bad Credit: A Guide to Mortgage Options\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.privamortgage.com\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/www.privamortgage.com\\\/blog\\\/\",\"name\":\"Priva Mortgage - Blog\",\"description\":\"Home Buyer Tips\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.privamortgage.com\\\/blog\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.privamortgage.com\\\/blog\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.privamortgage.com\\\/blog\\\/#organization\",\"name\":\"Priva Mortgage\",\"url\":\"https:\\\/\\\/www.privamortgage.com\\\/blog\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.privamortgage.com\\\/blog\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/i0.wp.com\\\/www.privamortgage.com\\\/blog\\\/wp-content\\\/uploads\\\/2022\\\/09\\\/priva-mortgage-logo.png?fit=144%2C98&ssl=1\",\"contentUrl\":\"https:\\\/\\\/i0.wp.com\\\/www.privamortgage.com\\\/blog\\\/wp-content\\\/uploads\\\/2022\\\/09\\\/priva-mortgage-logo.png?fit=144%2C98&ssl=1\",\"width\":144,\"height\":98,\"caption\":\"Priva Mortgage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.privamortgage.com\\\/blog\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/privamortgage\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/priva-mortgage\",\"https:\\\/\\\/www.instagram.com\\\/privamortgage\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.privamortgage.com\\\/blog\\\/#\\\/schema\\\/person\\\/37ae62d11395b7dd30a8077add625c0f\",\"name\":\"privablogadmin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/52240523982c04971852f5f5bc958619359cb33046b92d002805603f11f22663?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/52240523982c04971852f5f5bc958619359cb33046b92d002805603f11f22663?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/52240523982c04971852f5f5bc958619359cb33046b92d002805603f11f22663?s=96&d=mm&r=g\",\"caption\":\"privablogadmin\"},\"sameAs\":[\"https:\\\/\\\/privamortgage.com\\\/blog\"],\"url\":\"https:\\\/\\\/www.privamortgage.com\\\/blog\\\/author\\\/privablogadmin\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Buying a House with Bad Credit: A Guide to Mortgage Options","description":"Buying a house with bad credit is easier than you might think. Many loan options are available to help you buy a home faster than you thought possible.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.privamortgage.com\/blog\/buying-a-house-with-bad-credit-a-guide-to-mortgage-options\/","og_locale":"en_US","og_type":"article","og_title":"Buying a House with Bad Credit: A Guide to Mortgage Options","og_description":"Buying a house with bad credit is easier than you might think. Many loan options are available to help you buy a home faster than you thought possible.","og_url":"https:\/\/www.privamortgage.com\/blog\/buying-a-house-with-bad-credit-a-guide-to-mortgage-options\/","og_site_name":"Priva Mortgage - Blog","article_publisher":"https:\/\/www.facebook.com\/privamortgage","article_published_time":"2022-12-01T09:30:22+00:00","article_modified_time":"2022-12-01T09:51:15+00:00","og_image":[{"width":800,"height":400,"url":"https:\/\/www.privamortgage.com\/blog\/wp-content\/uploads\/2022\/12\/Buying-a-House-with-Bad-Credit.png","type":"image\/png"}],"author":"privablogadmin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"privablogadmin","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.privamortgage.com\/blog\/buying-a-house-with-bad-credit-a-guide-to-mortgage-options\/#article","isPartOf":{"@id":"https:\/\/www.privamortgage.com\/blog\/buying-a-house-with-bad-credit-a-guide-to-mortgage-options\/"},"author":{"name":"privablogadmin","@id":"https:\/\/www.privamortgage.com\/blog\/#\/schema\/person\/37ae62d11395b7dd30a8077add625c0f"},"headline":"Buying a House with Bad Credit: A Guide to Mortgage Options","datePublished":"2022-12-01T09:30:22+00:00","dateModified":"2022-12-01T09:51:15+00:00","mainEntityOfPage":{"@id":"https:\/\/www.privamortgage.com\/blog\/buying-a-house-with-bad-credit-a-guide-to-mortgage-options\/"},"wordCount":1026,"commentCount":0,"publisher":{"@id":"https:\/\/www.privamortgage.com\/blog\/#organization"},"image":{"@id":"https:\/\/www.privamortgage.com\/blog\/buying-a-house-with-bad-credit-a-guide-to-mortgage-options\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/www.privamortgage.com\/blog\/wp-content\/uploads\/2022\/12\/Buying-a-House-with-Bad-Credit.png?fit=800%2C400&ssl=1","keywords":["bad credit home loan","buying a house","Conventional Loan","credit score to buy a house","FHA Loans","first-time home buyer","home buying process with bad credit","minimum credit score","mortgage lenders","refinance your mortgage","repairing your credit score","USDA Loans","VA Loans"],"articleSection":["Mortgage"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.privamortgage.com\/blog\/buying-a-house-with-bad-credit-a-guide-to-mortgage-options\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.privamortgage.com\/blog\/buying-a-house-with-bad-credit-a-guide-to-mortgage-options\/","url":"https:\/\/www.privamortgage.com\/blog\/buying-a-house-with-bad-credit-a-guide-to-mortgage-options\/","name":"Buying a House with Bad Credit: A Guide to Mortgage Options","isPartOf":{"@id":"https:\/\/www.privamortgage.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.privamortgage.com\/blog\/buying-a-house-with-bad-credit-a-guide-to-mortgage-options\/#primaryimage"},"image":{"@id":"https:\/\/www.privamortgage.com\/blog\/buying-a-house-with-bad-credit-a-guide-to-mortgage-options\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/www.privamortgage.com\/blog\/wp-content\/uploads\/2022\/12\/Buying-a-House-with-Bad-Credit.png?fit=800%2C400&ssl=1","datePublished":"2022-12-01T09:30:22+00:00","dateModified":"2022-12-01T09:51:15+00:00","description":"Buying a house with bad credit is easier than you might think. Many loan options are available to help you buy a home faster than you thought possible.","breadcrumb":{"@id":"https:\/\/www.privamortgage.com\/blog\/buying-a-house-with-bad-credit-a-guide-to-mortgage-options\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.privamortgage.com\/blog\/buying-a-house-with-bad-credit-a-guide-to-mortgage-options\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.privamortgage.com\/blog\/buying-a-house-with-bad-credit-a-guide-to-mortgage-options\/#primaryimage","url":"https:\/\/i0.wp.com\/www.privamortgage.com\/blog\/wp-content\/uploads\/2022\/12\/Buying-a-House-with-Bad-Credit.png?fit=800%2C400&ssl=1","contentUrl":"https:\/\/i0.wp.com\/www.privamortgage.com\/blog\/wp-content\/uploads\/2022\/12\/Buying-a-House-with-Bad-Credit.png?fit=800%2C400&ssl=1","width":800,"height":400,"caption":"Buying a House with Bad Credit"},{"@type":"BreadcrumbList","@id":"https:\/\/www.privamortgage.com\/blog\/buying-a-house-with-bad-credit-a-guide-to-mortgage-options\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.privamortgage.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Buying a House with Bad Credit: A Guide to Mortgage Options"}]},{"@type":"WebSite","@id":"https:\/\/www.privamortgage.com\/blog\/#website","url":"https:\/\/www.privamortgage.com\/blog\/","name":"Priva Mortgage - Blog","description":"Home Buyer Tips","publisher":{"@id":"https:\/\/www.privamortgage.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.privamortgage.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.privamortgage.com\/blog\/#organization","name":"Priva Mortgage","url":"https:\/\/www.privamortgage.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.privamortgage.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/i0.wp.com\/www.privamortgage.com\/blog\/wp-content\/uploads\/2022\/09\/priva-mortgage-logo.png?fit=144%2C98&ssl=1","contentUrl":"https:\/\/i0.wp.com\/www.privamortgage.com\/blog\/wp-content\/uploads\/2022\/09\/priva-mortgage-logo.png?fit=144%2C98&ssl=1","width":144,"height":98,"caption":"Priva Mortgage"},"image":{"@id":"https:\/\/www.privamortgage.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/privamortgage","https:\/\/www.linkedin.com\/company\/priva-mortgage","https:\/\/www.instagram.com\/privamortgage"]},{"@type":"Person","@id":"https:\/\/www.privamortgage.com\/blog\/#\/schema\/person\/37ae62d11395b7dd30a8077add625c0f","name":"privablogadmin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/52240523982c04971852f5f5bc958619359cb33046b92d002805603f11f22663?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/52240523982c04971852f5f5bc958619359cb33046b92d002805603f11f22663?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/52240523982c04971852f5f5bc958619359cb33046b92d002805603f11f22663?s=96&d=mm&r=g","caption":"privablogadmin"},"sameAs":["https:\/\/privamortgage.com\/blog"],"url":"https:\/\/www.privamortgage.com\/blog\/author\/privablogadmin\/"}]}},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.privamortgage.com\/blog\/wp-content\/uploads\/2022\/12\/Buying-a-House-with-Bad-Credit.png?fit=800%2C400&ssl=1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.privamortgage.com\/blog\/wp-json\/wp\/v2\/posts\/141","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.privamortgage.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.privamortgage.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.privamortgage.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.privamortgage.com\/blog\/wp-json\/wp\/v2\/comments?post=141"}],"version-history":[{"count":3,"href":"https:\/\/www.privamortgage.com\/blog\/wp-json\/wp\/v2\/posts\/141\/revisions"}],"predecessor-version":[{"id":144,"href":"https:\/\/www.privamortgage.com\/blog\/wp-json\/wp\/v2\/posts\/141\/revisions\/144"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.privamortgage.com\/blog\/wp-json\/wp\/v2\/media\/142"}],"wp:attachment":[{"href":"https:\/\/www.privamortgage.com\/blog\/wp-json\/wp\/v2\/media?parent=141"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.privamortgage.com\/blog\/wp-json\/wp\/v2\/categories?post=141"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.privamortgage.com\/blog\/wp-json\/wp\/v2\/tags?post=141"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}