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Aug 7, 2014. A: “The bad news is you really do need a good score to get a home loan today,” says Keith Gumbinger, vice president of, a website that tracks. have debts, so you will need a credit card or new credit line where your payment history can be recorded,”says Jack M. Guttentag, a finance professor at.

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There are pros and cons to both, and sometimes you will have little choice between the two if you have poor credit or a tricky loan scenario. To sum it up, mortgage brokers can be a good option if you're shopping for a loan, but you should always compare their rates and service to those at your local bank and credit union,

May 9, 2015. I'm interested in a couple houses on here, and would like to find someone who can help me with the VA loan, having a poor credit score. My best advice is to talk to a loan officer that does VA loans and have them run your credit and take a look at your income, assets, and liabilities to see where you.

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Jan 2, 2018. Maintaining a good credit history will do more than provide you with low interest rates when obtaining a loan or lease agreement. It will also help when you want to embark on a career in the financial industry. Even if a would-be broker has the drive, determination and ability to pass exams administered by.

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