06/15/2026
β¨οΈMonday Success Storyβ¨οΈ:
My new client went through a pretty bad divorce & her credit plummeted into the 400's. We were able to do an instant credit rescore for very little amount of $ which brought her score in the low 500s. Ultimately, she thought she had no shot of getting a pre-approval as she was already denied by multiple banks prior to coming to me. Luckily, Fannie Mae waived their minimum credit requirements and I was able to get her an Approval with 50% down and 24 months of reserves, even with a poor credit score. Now her offer on the table is most likely to be Accepted this evening & we can coast to a smooth closing!π‘π She went from very little hope to her entire day being turned around! Hearing the words "You're Pre-Approved!" was something she never thought would happen again after her disheartening life circumstance.
Moral of the story? Do NOT give up if you have less than good credit. If you have a strong down payment & reserves, I can get quite creative!