Best of Luck!
Nationwide Mortgage Banker
Chris Holcomb - REALTOR
Century 21 Western Ralty
21945-a Katy Freeway
Katy, TX 77450
I guess the biggest issue will be how far below 620 are you?
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All of the advice you have received is good. You must work on your credit. Most of the work you can do directly yourself working with your creditors. They will usually work with you if you are sincere about working on problem areas. Please contact me and I will put you in touch with several lenders who have helped my clients.
Before I went and took a mortgage loan out at above average rates, I would first investigate what could be done and how long it would take to get my credit score up.
I would consider meeting with a credit counselor to see what it might take to improve your credit score and get it up into the 700's. It may not be all that difficult and it may not take more than 3-6 months. I'm not certain but the VA may offer this service to you free of charge, it's certainly where I would start.
It may be that there are a number of errors on your credit report that can be successfully challenged. It may require you to get certain unsecured (credit card) bills paid down.
I have a guy here in the Dallas area that does a lot of loans in the Houston area as well as here in Dallas that is also VERY good with credit repair questions. I would be happy to give you his contact information if you would like, just shoot me an email.
It's more than real estate. It's RAYL-Estate!
Brian Rayl, REALTORÂ®
Keller Williams Elite - Park Cities