I just sent a text message to a loan officer I work with to see if they can work with your credit score. There are some gov grants out there but I don't know if they would apply to Canton. If the USDA is still doing loans, which my contact said they were but not letting it known, you might be able to go with a 100% financing and just put the earnest money down. However, you would need to be prepared to pay for an inspection and possibly an appraisal up front. I'm really close to Canton so I would love to help you if we can. Feel free to contact me.
The loan officer just got back with me and says she very possibly can help you. Please give Ashley a call at 469-474-9694. Thanks and hope this will help. I'm located in Forney.
Sera M Smith
Most lenders today require a FICO of 620 or higher for FHA and VA financing. 660 or better for Conventional. If you don't have one, ask your realtor to refer you to a loan officer that is also knowledgeable in credi repair and can assist you with building your credit. Upon doing so, you will not only be eligble for mortgage, but save yourself 1,000s in closing costs, and 10s of thousands over the life and term of the loan.