Can I get a mortgage with a low credit score and high income?

@roderick_marquardt 

It may be possible to get a mortgage with a low credit score and a high income, but it depends on a variety of factors. Lenders typically consider both credit score and income when evaluating a mortgage application.

A low credit score can make it more difficult to qualify for a mortgage, as it indicates a higher risk for lenders. However, a high income can offset some of the concerns associated with a low credit score. Lenders may be more willing to lend to individuals with high incomes because they have the financial capacity to make mortgage payments.

In such situations, you may still be able to get a mortgage, but you might face a higher interest rate or stricter loan terms compared to applicants with higher credit scores. Additionally, lenders may require a larger down payment to mitigate the risk associated with a lower credit score.

It's important to note that each lender has its own criteria for evaluating mortgage applications, and credit score and income are just some of the factors they consider. It's advisable to reach out to multiple lenders, including mortgage brokers, to explore your options and find a suitable mortgage offer. Working with a mortgage professional can also provide guidance on improving your credit score and increasing your chances of obtaining favorable loan terms.