As far as getting a loan with credit scores like yours, it will probably be difficult. However, I would be happy to refer you to a lender to take a look at your overall situation including your debt, income, credit, etc. and let you know where you need to be and how you can get there to be able to purchase a home. My lenders do not charge anything for this process, and if needed, can recommend a credit repair specialist that's reputable to assist you. Many credit repair companies charge a lot and promise a lot and cannot deliver. You must be careful as I have seen quite a few unscrupulous companies in that business!
If you would like me to connect you with a lender, just contact me and I will do all I can to assist you!
Joe Jarusinsky, Realtor, Keller Williams Realty, 512-261-4415
I happen to be from Michigan, too. I recommend that you contact a lender who would provide credit repair advise at no cost to you. Please, contact me for a list of lenders to consider. Based on the monthly payment that you make for rent, I am confident that you can find a home in an area near Austin that is affordable and meets your needs. There is also a possibility that you qualify for a loan that does not require a credit score above 600.
I look forward to hearing from you. Thank you.
Thomas J. Cantalini
Broker Associate, REALTOR(R) GRI, CNE, SFR, MBA
Century 21 HSK and Associates Austin
9020-1 N. Capital of Texas Hwy., Suite 210
Austin, Texas 78759