What is the minimum credit score required to qualify for a mortgage?

The minimum credit score required to qualify for a mortgage with Central Mortgage Company varies depending on the type of loan and other factors. Generally, a credit score of 620 or higher is preferred for conventional loans. However, Central Mortgage Company offers loan programs for individuals with lower credit scores as well. These specialized programs may require a credit score as low as 580. Keep in mind that while credit score is an important factor in determining eligibility, other factors such as income, employment history, and financial stability also play a role. It is recommended to consult with a Central Mortgage Company representative to discuss your specific situation and explore the available loan options.