💡 Top 5 Smart Ways to Use Your Home Equity
📉 What’s the Minimum Credit Score to Qualify for a Mortgage?
You don’t need perfect credit to become a homeowner — just the right strategy.
If you’ve been told your credit score is too low to buy a house — or you’re afraid to even look — you’re not alone.
👉 But here’s the truth: Bad credit doesn’t automatically disqualify you from homeownership.
In fact, there are loan programs, credit coaching, and smart workarounds that can help you get approved — even if your score is far from perfect.
Here’s what you need to know about buying a home with bad credit in 2025 — and what steps to take if you’re not quite ready yet.
✅ What’s Considered “Bad” Credit?
Credit scores range from 300 to 850. Here’s how most lenders view them:
| Score Range | Credit Category |
|---|---|
| 740+ | Excellent |
| 680–739 | Good |
| 620–679 | Fair |
| 580–619 | Low |
| 500–579 | Very Low |
| Under 500 | Not eligible for most loans |
📘 Most people can qualify for some type of mortgage with a score above 580 — especially through FHA.
🏡 Can You Really Buy a House With Bad Credit?
Yes — especially if:
- You have steady income
- You can document your financial history
- You’re working with the right lender
- You’re open to FHA or non-traditional mortgage programs
We help buyers qualify with:
- 580 credit scores and 3.5% down (FHA)
- 500–579 scores with 10% down (FHA)
- Alternative income and credit options (Non-QM)
🧠 What If You’re Not Quite Ready Yet?
If your score is below 580 — or you’re rebuilding after bankruptcy or collections — you still have a path forward.
Here’s what we’ll help you with: ✅ Free credit review and analysis
✅ A fast-track score improvement plan
✅ Help disputing or correcting credit report errors
✅ Timeline planning for your next 90–180 days
💡 Most credit problems aren’t permanent — and many can be improved within weeks or months with the right guidance.
🛠️ Tips to Boost Approval Chances With Low Credit
- ✅ Save up for a larger down payment (5–10%)
- ✅ Show strong rental and payment history
- ✅ Limit new credit inquiries
- ✅ Pay down credit cards below 30% utilization
- ✅ Get added to a family member’s seasoned credit account
We’ll help you document and present the full picture — not just your score.
🏢 Why PRMI?
At PRMI, we specialize in helping credit-challenged buyers:
- Qualify for FHA and non-QM loan programs
- Build a real credit improvement plan
- Understand what lenders are really looking for
- Buy now — or get ready with a step-by-step strategy
We work with you — not just your score.
👇 Think Bad Credit Means You Can’t Buy a Home?
Let’s walk through your credit, goals, and timeline — and help you build a clear path to homeownership.