You searched:
“Bad credit but I want to buy a home”
If you're searching for 'Bad credit but I want to buy a home', you're probably feeling frustrated and uncertain about your future. You're not alone — nearly 30% of mortgage applicants have credit challenges that make it harder to qualify. Life can throw unexpected financial curveballs, and it's completely understandable that you're worried about how this affects your dream of homeownership. Here's what most people don't know: there are more mortgage options available than you might think, even with less-than-perfect credit. At National Mortgage Home Loans (NMHL), we've helped thousands of borrowers just like you find a path forward.
Take a breath. Help is here.
- You are not alone -- thousands of people search this every month
- Real options exist for your specific situation
- No judgment -- just honest guidance from licensed professionals
We've Helped Others in Your Situation
Why This Happens
Understanding the common reasons -- and knowing that each one has a path forward.
- 1Unexpected medical bills or job loss impacted your credit scoreSolution exists
- 2You're self-employed or have irregular income that doesn't fit traditional mortgage guidelinesSolution exists
- 3Past financial mistakes are holding you back from qualifying for a mortgageSolution exists
- 4You're rebuilding your credit after a major life eventSolution exists
- 5Traditional lenders turned you down, leaving you feeling discouragedSolution exists
There's Always a Path Forward
Being denied feels overwhelming, but it doesn't mean your homeownership dream is over. Our specialists work with challenging situations every single day.
Understanding Your Credit Challenge
Bad credit can feel like a significant barrier to homeownership, but it's not insurmountable. The first step is understanding that credit scores are just one factor in the mortgage approval process. At NMHL, we look at the full picture — your income, assets, and overall financial health — to determine the best mortgage options for you.
Many factors can impact your credit score, from unexpected medical bills to job loss or being self-employed. We'll work with you to identify the root causes of your credit challenges and develop a strategy to address them.
Your credit story matters — let's work together to find a mortgage solution that fits.
Alternative Mortgage Options for Challenging Credit
Traditional lenders often have strict credit requirements, but alternative mortgage programs can offer more flexibility. At NMHL, we specialize in:
- FHA loans with down payments as low as 3.5%
- Non-QM loans for self-employed borrowers or those with irregular income
- Bank statement loans that use business bank statements instead of tax returns
These programs can be game-changers for borrowers who don't fit the traditional mold. Our experienced loan officers will help you navigate these options and find the best fit for your situation.
Don't let credit challenges stop you — explore alternative mortgage options today.
Rebuilding Your Credit for Future Success
While we can help you qualify for a mortgage with less-than-perfect credit, rebuilding your credit score can open up even more opportunities in the future. We'll connect you with resources to help you:
- Dispute errors on your credit report
- Create a plan for on-time payments
- Reduce your credit utilization ratio
By taking these steps, you'll not only improve your mortgage chances but also set yourself up for long-term financial success.
Start building a brighter credit future — one step at a time.
Your Path to Homeownership Starts Here
At NMHL, we believe that everyone deserves a chance at homeownership. That's why we're committed to finding creative solutions for borrowers with credit challenges. Our team of experts will guide you through every step of the mortgage process, from pre-approval to closing.
Don't let bad credit hold you back any longer. Take the first step today by reaching out to one of our experienced loan officers. We're here to listen, help, and support you on your journey to homeownership.
Your homeownership dreams are within reach — let's make them a reality.
Your Options Right Now
NMHL Pre-Approval Review
Get a clear picture of your mortgage options with our free pre-approval review. Our experts will look at your entire financial situation, not just your credit score.
Act quicklyAlternative Mortgage Programs
We offer specialized loan programs like FHA, Non-QM, and bank statement loans that can help if traditional mortgages aren't an option. Our loan officers will match you with the best program for your situation.
Act quicklyCredit Rebuilding Guidance
We'll connect you with resources to help improve your credit score over time. This long-term strategy can open up even more mortgage options for you in the future.
Act quicklyTalk to someone right now
No automated menus. A real licensed mortgage professional who understands your situation.
(248) 864-2200Want to talk through your options with someone who's helped hundreds of people in your exact situation? We're here — no judgment, no pressure.
Start Your Application
Takes about 5 minutes. No obligation. No credit check until you are ready.
Our Presence
Click on endorsed states to see our direct resources!
Frequently Asked Questions
While traditional lenders might say no, there are alternative mortgage programs designed for borrowers with credit challenges. At NMHL, we've helped numerous clients with less-than-perfect credit secure a mortgage. We'll work with you to find the best option for your situation. Start by checking your eligibility with our free pre-approval review.
Rebuilding credit takes time, but it's worth it for better mortgage rates. Begin by checking your credit report for errors, making all payments on time, and keeping credit utilization low. We can also connect you with credit counselors who specialize in mortgage preparation. Our loan officers will help you understand how these steps can improve your mortgage chances.
While conventional mortgages often require a 620+ credit score, some alternative programs can accept scores as low as 500. The key is finding the right lender and program for your situation. At NMHL, we work with multiple lenders and have access to non-traditional mortgage products that might be a good fit. Let's review your credit profile together to explore your options.
Not necessarily. While a larger down payment can help offset credit risk, many mortgage programs have low down payment options. For example, FHA loans require as little as 3.5% down. We'll help you navigate these options and find a program that fits your financial situation. Our goal is to make homeownership accessible, not just possible.
Credit improvement timelines vary based on individual circumstances. Some people see significant improvements in 6-12 months, while others may take longer. The key is consistent, positive credit behavior. We'll work with you to create a personalized plan to boost your credit score and mortgage readiness. Regular check-ins with our loan officers can help you stay on track.
Want to talk through your options with someone who's helped hundreds of people in your exact situation? We're here — no judgment, no pressure.
We will reach out at a time that works for you. No pressure, no obligation.