If you have a bad credit score and still want to buy a house, consider these lenders – CNBC

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The home-buying process is notoriously stressful and often confusing, especially if you’re worried that having less than ideal credit will essentially disqualify you from participating. Fortunately, some lenders will still consider applicants with lower credit scores, typically if they’re around the 580 mark.

Select rounded up several such lenders — all of which will consider applicants with credit scores lower than the typical 620 requirement — and evaluated each lender based on the types of loans offered, customer support and the required minimum down payment amount, among other factors (see our methodology below.)

Remember that it’s important to do your homework so you can choose the best mortgage lender to suit your needs, whether you’re a first-time homebuyer or purchasing an investment property. While we’ve included a FAQ section below to help you get acquainted with some aspects of the process, if you have more specific questions, reach out to a representative or an advisor at your desired lender.

Also keep in mind that while you may be approved for a mortgage with a low credit score, you’ll likely receive an interest rate that’s on the higher end of the lender’s rate range.

Select’s picks for the best mortgage lenders for bad credit

Mortgage FAQs

Best for flexible terms