When you want to buy a home the best place to start is to hire an EXCLUSIVE Buyer Agent, not just a Buyer's Agent. EBAs only work with homebuyers and there is never a conflict of interest that will jeopardize your negotiating position. I can refer you to an EBA in your area, if you like.
I've written a best selling book called Buying a Home: Don't Let Them Make a Monkey Out of You. It'll teach you how to buy a home and get a mortgage without getting ripped off. Follow the link below.
Best of luck!
I have helped many people on Trulia and would like to help you. I am a local lender who knows the market. There is no cost or obligation to get pre-qualifed, so please contact me when you can to find out more.
Scott McCauley, NMLS# 174108
Licensed Mortgage Planner (Mass, NH, ME)
Regency Mortgage Corp., NMLS# 1938
There are other loan programs out there that may accept less. One of these is FHA. FHA's website states: "Minimum credit score requirements for FHA home loans depend on which FHA loan product the applicant needs. Generally speaking, to get maximum financing on typical new home purchases, applicants should have a credit score of 580 or better. Those with credit scores between 500 and 579 are, according the the FHA guidelines, 'limited to 90 percent LTV'." (Reference: http://www.fha.com/fha_article.cfm?id=200.)
That is a great question. Most lending instituions want a fical credit score of 640 or higher.
Here is a credit repair company name and phone number. Try giving them a call if you dont
know how to increase your credit score at a fast rate or google credit repair and find a company yourself. Hope this helps, when your approved please give me a call at 248 395-6885. Remember "Your Next Home Is Within Reach"
Consumer Credit Restoration Bureau
I don' t know about your real estate market. But I know I have someone who can do it in my area for that score. But if you need a referral for a real estate agent or loan officer in your area,please don't hesitate to give me a call. I would be more than happy to refer someone to you. http://www.buyandsellnewhomes.com