Yes, I know what you mean, often less expensive to buy than to rent. these days. The low interest rates are here for a bit longer. When you say bad, do you mean bad in the past and your credit score is low or it is still bad with ongoing past due payments to creditors?
Feel free to call or write to me and I can put you in touch with a lender that specializes in mortgage loans for people that have been turned down by other lenders.
She may ask if you are a veteran or qualify for disability grants.
May I wish you the best.
Jeff Masich, Realtor
Arizona Homes and Land
I'm sorry to hear about your circumstances, but limited income and bad credit, I'm afraid your chances of obtaining financing are somewhere between slim and none. You could always check with a reputable lender to find out for sure what your "bad credit" consists of, but I'd rather be upfront and honest with you. If you want the name of our preferred lender, email me through my profile.
All the best!