Debt Conscious Lender for Dave Ramsey Fans

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Types of loans offered

Compliant, FHA, VA, USDA, Jumbo, Non-Score Mortgage

Types of loans offered

Compliant, FHA, VA, USDA, Jumbo, Non-Score Mortgage


  • No Score Mortgage Helps Borrowers With No Credit Score Get a Mortgage
  • Churchill Certified Homebuyer Program Offers Underwritten Conditional Approval
  • Get your questions answered with Churchill’s online live chat


  • I can’t see rates without talking to a loan officer
  • Does not disclose lender fees on its site
  • Mortgage without score can take up to three times longer to close

More information

  • Available in all states except Hawaii and New York
  • Minimum credit score and down payment shown are for conforming mortgages
  • To qualify for a no-score mortgage, you’ll need to provide four different accounts that show on-time payments for the past 12 months. This may include cell phone bills, utility payments, rent, insurance, school tuition, or childcare.

Overall Lender Rating

Pros and cons

Churchill Mortgage Interest Rates

Churchill Mortgage does not display any rates on its site. If you want to see what your rate might be with this lender, you’ll need to apply for a mortgage or talk to a loan officer.

Their reasoning for not posting rates is that sample rates can be misleading, as your actual rate will depend on your situation. While it’s true that the rate you end up with will likely be different from the rate a lender advertises online, many

mortgage lenders

display sample rates to give potential borrowers an idea of ​​the range of rates they offer. Some lenders will even let you customize rates based on different factors, like your credit score and location.

Churchill vs. Mortgage Carrington Mortgage Services

Both lenders have really strong specialty mortgage options for borrowers who might otherwise have a hard time qualifying for a mortgage. Carrington Mortgage Services’ Flexible Advantage mortgage is for homebuyers with credit scores as low as 550 or recent events such as bankruptcy on their credit reports. Churchill Mortgage’s no-score mortgage, on the other hand, is geared toward homebuyers who don’t have a score.

Churchill Mortgage is a good option for borrowers who have avoided debt or have paid off all their debt and, as a result, have no credit score. For borrowers who have credit scores but difficult credit histories, Carrington would probably be the best option.

Carrington also estimates that its mortgages for low-scoring borrowers typically close in 30 to 45 days, which is in line with the average closing time for all mortgages. Churchill no-score mortgages, on the other hand, can take three times longer to close than a traditional transaction.

Churchill mortgage against Truist

Low-income borrowers can get a Truist mortgage with just a 3% down payment and no mortgage insurance through its Community Homeowner Incentive Program. Truist also has a stronger lineup of mortgage options, so if you’re looking for a HELOC, medical mortgage, or construction-to-permanent mortgage, this lender will be the obvious choice of these two.

Both Truist and Churchill mortgages accept alternative forms of credit from borrowers who do not have a credit score.

How Churchill Mortgage works

You can get started with Churchill Mortgage online or by phone. Once you apply, you will be able to see what types of rates this lender can offer you and lock in a rate for up to 90 days.

Churchill also has a Certified Homebuyer Program that offers a slightly stronger approval than a standard pre-approval. With this program, a subscriber reviews your application and issues a conditional approval.

Having pre-approval on hand when you make an offer on a home is important because it shows sellers that you have the funds to back your offer. Having a pre-approval signed up in advance can help your offer stand out to buyers with standard pre-approvals.

Churchill Mortgage does not lend in Hawaii or New York.

If you want to get a conforming or FHA mortgage with this lender, you’ll need at least a 620 credit score. Churchill Mortgage does not list minimum scores for their VA or USDA mortgages online. Conforming mortgages require a


of at least 3%; FHA mortgages require 3.5%. VA and USDA mortgage borrowers are not required to make a down payment.

If you have no credit score, you may qualify for a Churchill No Score Mortgage with Non-Traditional Credit. To be approved for one of these mortgages, you’ll need to provide statements from at least four different accounts showing that you’ve made timely payments over the past 12 months. Acceptable forms of non-traditional credit include utility or cell phone bills, insurance payments, school tuition, child care or rent payments.

Keep in mind that getting a no-score mortgage can take much longer to close than a traditional mortgage. Churchill says it can take at least 60 days for a borrower to be approved for a no-score mortgage.

Churchill no-score mortgages also take longer to close than some similar mortgages offered by other lenders. Guild Mortgage, for example, says its average closing time is 30 to 45 days, regardless of whether a borrower has little or no credit. Carrington Mortgage Services also estimates a closing time of 30 to 45 days for low-credit borrowers, but says other variables, such as a required repair to an FHA mortgage, can affect the amount of time it takes. If you have no credit score or a low score and want to close faster, you’re probably better off with one of these lenders.

You can speak to Churchill Mortgage customer service by phone or through their online chat tool. You can also use their branch search feature to find a Churchill Mortgage branch near you.

Is Churchill Mortgage Reliable?

Churchill Mortgage currently has an A+ rating from the Better Business Bureau. BBB ratings are based on honesty in advertising, transparency about its business practices, and effectiveness in responding to customer complaints.

The company also has excellent customer reviews, with a 4.96-star rating on its Zillow Lender Profile and a 4.9-star rating on Trustpilot.

Churchill Mortgage FAQs

Is Churchill Mortgage owned by Dave Ramsey?

Dave Ramsey does not own Churchill Mortgage, but he is the only mortgage lender he recommends. Ramsey preaches financial freedom through a debt-free lifestyle. If he doesn’t have a credit score because he doesn’t have any debt, he can get a no-score mortgage with Churchill.

Does Churchill Mortgage make VA loans?

Churchill Mortgage currently offers VA loans. If you qualify for this type of mortgage, you can get one from Churchill Mortgage with a 0% down payment.

What are Churchill Mortgage rates?

Churchill Mortgage does not include your online rates. To see what you could afford with this lender, you’ll need to apply for a mortgage or speak with a loan officer.

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