I have an amazing lender that can make that work with a score all the way down to a 580. It's nowhere near as hard as people make it out to be.
In fact... simply go here: http://www.DHIMortgage.com/Kasey-Hampton - fill out the online pre-approval. It's quick, easy, and free. Kasey is by far the most aggressive lender in Texas with the lowest rates in the State. You will thank me for this one later :)
Jason C Campbell
Platinum Top 50 Finalist
Option One Real Estate
Yes, there are some lenders who will fund this transaction with the credit scores you listed; we are one of those lenders. We will go down to a 580 credit score.
Please feel free to contact me directly if you have any further questions, I'd be glad to help.
All the best,
Roswell Moore, CMPS
Certified Mortgage Planner
We are a Direct Lender, Mortgage Bank where we originate, process, underwrite, fund, AND SERVICE our loans, in-house, with FHA (starting at a 580 score AND still only 3.5% down), FHA Streamline refinance loans (NO minimum credit score, NO appraisal required), HARP 2.0 - No Appraisal Required for Refinance for Underwater Home Values, HomePath, Investor Friendly (10 financed properties), VA, VA Refinance loans (NO appraisal required on IRRRL loans), USDA loans, Jumbo loans, Conventional loans, plus, we allow Escrow Hold-Backs!