Yes, it is possible to get a mortgage with a 500 credit score. In fact, we have lenders available who don’t credit score at all. Instead of a traditional credit score, these lenders will look at your report in detail to make a decision on your application.
These lenders will look at your overall profile and ability to repay the mortgage when assessing your mortgage application.
These lenders will also consider people who have had defaults and ccjs in the past, although not typically in the last 3 months.
We even have mortgage options for people who are in a debt management plan (for a minimum of 12 months).
At Plus Financial Solutions we are experts in helping people who have bad credit obtain the best mortgage deals for their needs.
Contact us today to see how we can help! Regardless of your credit history, we would love to hear from you.
We don’t make judgments about your past credit history, we just work hard to you the mortgage you need!