Mortgage FAQ’s

What is the lowest credit score you work with?

We work with all types of credit scores.  If you are buying a primary residence, a 580 credit score is recommended, but some of our clients can get approved down to a 500 credit score.  We even offer loans for buyers with no credit scores, through our nontraditional credit program.  In most cases A 740 credit score will qualify you for the best interest rate with the lowest closing costs available.


How much of a down payment will I need with traditional loan programs?

Qualifying first time home buyers are only required to put down a 3% down payment.  FHA loans require a 3.5% down payment.  You will need a 20% down payment to avoid mortgage insurance with traditional loan programs.

What Our Customers Are Saying

Jill Starnes Surface

Paul Hankins is fantastic! My refinance experience was smooth and stress free. Paul is knowledgeable and professional. He stayed on top of everything and kept

Kurt Althoff

Timmy Nash was excellent to work with. He answered every question and walked us through the process. I would recommend Brickwood to anyone who is

Pat Griffin

Paul Hankins at Brickwood Mortgage is a reminder of what a professional, knowledgeable, and trustworthy businessman looks like. After six frustrating weeks with another mortgage