Barclay Butler Financial Inc.

September 24, 2025

Non-QM Loans Available with Credit Scores as Low as 500

Most lenders require a 620+ credit score for Non-QM financing because they rely on automated approval systems. But Non-QM (Non-Qualified Mortgage) programs were designed for borrowers with alternative income situations — like self-employed individuals or those without W-2s — and can help you qualify even with lower credit. 📜 What Are Non-QM Loans? Non-QM (Non-Qualified Mortgage) loans were created […]

2-4 unit building 0 49 sec read

March 14, 2023

🎓 What You Should Know About Student Loans Before You Buy a Home or Refinance

Student loans can help or hurt your mortgage approval — and in some cases, they can stop the process entirely. Different loan programs treat student loan debt differently, which means the type of mortgage you choose matters more than most borrowers realize. Here’s a clean breakdown of how FHA, VA, USDA, and Conventional loans look at student loans. 🚫 […]

203- K mortgage 0 1 min read

March 14, 2023

Mortgage company overlays helping or hurting home sales.

Most mortgage companies have overlays on their products. An overlay is an additional requirement added on top of a FHA, VA, USDA or conventional mortgage guidelines. One example is FHA allows down to a 580 credit score if you want to put down 3.5% down payment. 95% of the lenders state you must have a 640 credit score and about […]

2-4 unit building 0 1 min read

March 14, 2023

FHA vs. Conventional Loans: Which One Is Better for You?

One of the most common questions I get as a mortgage professional is: “Should I go with an FHA loan or a Conventional loan?” The truth is, there’s no one‑size‑fits‑all answer. Both FHA and Conventional loans are great options — the right choice depends entirely on your financial profile and homeownership goals. Think of it like a tug‑of‑war between flexibility […]

203- K mortgage 0 2 min read

October 8, 2014

1 day out of a foreclosure and you could buy a home!

Yes it is true you can buy a home 1 day after your foreclosure. Your home has to have been already foreclosed, it cannot be in the process of being foreclosed. If you have a 660 credit score and 20% down you can buy a new home. You can get either a 5/1 or a 7/1 ARM. Rates start at […]

Bad Credit 0 28 sec read

Non-QM Loans Available with Credit Scores as Low as 500

🎓 What You Should Know About Student Loans Before You Buy a Home or Refinance

Mortgage company overlays helping or hurting home sales.

FHA vs. Conventional Loans: Which One Is Better for You?

1 day out of a foreclosure and you could buy a home!

Brochure

Mortgage News Daily

Commercial

Trusted