“Yes we do Mortgages for Clients with Under 600 Credit Scores”

“Yes we do Mortgages for Clients with Under 600 Credit Scores”





One of my wife’s friends and colleague is looking to purchase a home. Ideally, she would like to do this jointly with her boyfriend but they are not confident about his credit scores. I know you have programs down to 600 (maybe even 580?) and I am supremely confident you will take care of them. It just makes sense to go to you directly. Here is her info.


There are so many folks out there that would buy a home if they thought they could, but so many are afraid to look into the possibility for fear of rejection.


I interact with clients all the time that just don’t know and rather than checking it out, they do nothing and keep paying rent. Some common issues that hold prospective buyers out of home ownership are:


1) Past and current credit issues


2) Credit score issues, sometime because of credit and sometimes because of lack of credit


3) Income issues, a major issue for self-employed borrowers


4) Student loans even when the payments are deferred, because of new Government loan guidelines


5) Divorce history as a result of joint accounts, especially when payments were late


6) Foreclosures, deed in lieu of foreclosure and short sales


There are many more but when prospective buyers are coached properly and we let them know there is hope they start moving in a positive direction to make home ownership a reality.


Who do you know that needs my help?


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Joe Petrowsky, NMLS #6869

Right Trac Financial Group, Inc. NMLS #2709

110 Main St.

Manchester, Ct. 06042

Office: 860 647-7701 x116

Fax: 860 647-8940

Cell: 860 836-9294

Email: joe@righttracfg.com



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Joe Petrowsky does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.

Equal Housing Statement: We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing becuase of race, color, religion, sex, handicap, familial status, or national origin.

Comment balloon 25 commentsJoe Petrowsky • November 29 2015 04:04AM


Good morning Joe. Seeking the right help and guidance is the first step in the process. Enjoy your day!

Posted by Wayne Martin, Real Estate Broker - Retired (Wayne M Martin) about 4 years ago

Yes, I think you're right; there are a lot that are just afraid to ask.

Posted by Women of Westchester Working Together, Women helping Women get ahead (Women of Westchester Working Together) about 4 years ago

Hi Joe.  I hope that those thinking of buying a home but unsure of their financial qualifications will in the least give you a call and find out the truth.

Posted by Gabe Sanders, Stuart Florida Real Estate (Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales) about 4 years ago

Good morning Joe, the first step for anyone is to contact a reputable mortgage lender such as yourself.

Posted by Bob Ratliff, "Sold with Bob" (Robert Ratliff Realty) about 4 years ago

Good morning Joe.  Well around here I believe the lowest score is around 580.  I do have someone around that score that is wanting to buy but they can't get anyone to take them on.  

Posted by James Dray, Exceptional Agents, Outstanding Results (Fathom Realty) about 4 years ago

Please let me know when you start doing mortgages in pa. Have a good day.

Posted by Gita Bantwal, REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel (RE/MAX Centre Realtors) about 4 years ago

It is a great morning Joe because it is not snowing!  Knowing credit scores and past problems on credit should be discussed with a lending officer like you...get through it and know your end game.

Posted by Ginny Gorman, Homes for Sale in North Kingstown RI and beyond (RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate) about 4 years ago

You help so many but there are more that need help if they would just ask. Have a great day.

Posted by Debbie Reynolds, Your Dedicated Clarksville TN Real Estate Agent (Platinum Properties) about 4 years ago

Good morning Joe,

So many on the cusp and with a little guidance could be in a home by summer.

Make yourself a great day.

Posted by Raymond E. Camp, Licensed Real Estate Salesperson Greater Rochester (Howard Hanna Real Estate Services) about 4 years ago

Many factors come into play when reviewing a credit score.  They need someone like you Joe for the right guidance.

Posted by Roger D. Mucci, Lets shake things up at your home today! (Shaken...with a Twist 216.633.2092) about 4 years ago

Joe - It is good that you help these people because some do not even try because of past experience.

Posted by Grant Schneider, Your Coach Helping You Create Successful Outcomes (Performance Development Strategies) about 4 years ago

Good morning Joe. I am always taken by the sincerity of you really wanting to help others. Bravo.

Posted by Sheila Anderson, The Real Estate Whisperer Who Listens 732-715-1133 (Referral Group Incorporated) about 4 years ago

I definitely run into people who don't want to call a mortgage consultant. "No, I can't get a mortgage, my credit stinks" -- just call! If you do call, you just might get good news.

Posted by Kat Palmiotti, The House Kat (406-270-3667, kat@thehousekat.com, Broker, Blackstone Realty Group - brokered by eXp Realty) about 4 years ago

Hi Joe... a great reminder to never assume and always ask your lender(s) what they can do.... I've had homes financed for more clients than I remember who on paper appeared "credit challenged," but the right lender made something happen.

Posted by Nina Hollander, Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor (Coldwell Banker Residential Brokerage ) about 4 years ago

OK Joe Petrowsky This is the limbo mortgage "How low can you go?"

Bill Roberts

Posted by Bill Roberts, "Baby Boomer" Retirement Planner (Brooks and Dunphy Real Estate) about 4 years ago

Hi Joe.  It is amazing how much mis information is out there.  Keep blogging away and educating the public.

Posted by Conrad Allen, Webster, Ma, Realtor (Re/Max Professional Associates) about 4 years ago

I'm always astonished, and I don't know why because I shouldn't be, at how many people think they don't qualify to buy a home based on their own interpretation, which is typically way off base, and yet they never think to call a mortgage pro like Joe Petrowsky  to find out the truth.

Posted by Elizabeth Weintraub Sacramento Realtor Top 1%, Put 40 years of experience to work for you (RE/MAX Gold) about 4 years ago


I wish I knew someone whom I could refer to you...would love to have you help them.  A

Posted by Ron and Alexandra Seigel, Luxury Real Estate Branding, Marketing & Strategy (Napa Consultants) about 4 years ago

I always tell clients the worst thing they are going to hear is NO. And a lot of them have been pleasantly surprised at what they did find out after I had them talk with a good lender. 

Posted by Debbie Laity, Your Real Estate Resource for Delta County, CO (Cedaredge Land Company) about 4 years ago

Have had several clients recently where the loan was taken out by only one of the partners because of the other's lower credit. Now, I do believe when they are not married, there should be some legal counseling about putting the other one on the deed as to the pros and cons.

Posted by Hella M. Rothwell, Broker/Realtor®, Rothwell Realty Inc. CA#01968433 Carmel-by-the-Sea about 4 years ago


Thanks for sharing an informational post on doing mortgages with clients under 600 credit scores.

Good luck and success.

Lou Ludwig

Posted by Lou Ludwig, Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC (Ludwig & Associates) about 4 years ago

We are always aware of what lenders offer different kinds of programs to fit different buyer profiles...not every lender is the best fit for every buyer and Buyers are wise to explore every possible option.

Posted by Sally K. & David L. Hanson, WI Realtors - Luxury - Divorce (EXP Realty 414-525-0563) about 4 years ago

With my short sale clients, I always tell the to keep all paperwork related to the time frame when their mortgage got into trouble.  If all was good prior to that there are loan programs that will help them overcome that bump in their history, and of course a loan originator such as yourself that understands life's issues

Posted by Ed Silva, Central CT Real Estate Broker Serving all equally (RE/MAX Professionals, CT 203-206-0754 ) about 4 years ago

This is good reading for those who are tired of paying rent and having nothing to show.

Posted by Roy Kelley (Realty Group Referrals) about 4 years ago

Joe wow that is scary 600 FICO what are the odds that they will not default?:) Just thinking out loud....Endre

Posted by Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002 (Berkshire Hathaway HomeServices) about 4 years ago