Yes, it is possible to refinance with a score below 600. Depending on all the factors you present. It might also be a fairly easy process to get your score higher. The higher your score, the better your pricing which translates to a lower payment. You'll want to work with a Licensed Mortgage Broker rather than one of the banks. Banks and Mortgage Bankers generally consider themselves to be 'too busy' to help folks with credit improvement situations. ~ Bert Carpenter, The LoansA2z Team of NEXA Mortgage ~ NMLS 40586 ~ Licensed in Arizona, California, Georgia, Oregon, and Washington. Need help in other states? We got you covered. NEXA Mortgage is licensed in 46 states ~ www.ApplyYes.com 480-889-9000.
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