My program does not use credit scores, but I do pull credit to look at behavior. I would need to know what caused your FICO to drop. My program also does not require a down payment and there are no closing costs. Today's rate on a 30-year fixed was 3.5%. I'm confident that even if you cannot move forward on a purchase right now, I would get you there faster than a bank, and with much less in cash outlay.
If you must lease first, do yourself a favor and be sure to pay rent with a check, or an electronic payment through your bank. If you are trying to buy the rental, that is the way to prove the rent has not been late.
I would also be very interested to talk to fix and flip investors, since I can get them cashed out sooner, and with less cost. I also have people that are not yet ready for approval but need to find someplace to live.
If I can be of help Sherry please let me know. Check out our website at http://www.NACA.com.
Mortgage Counselor-NMLS 280951
Contact my office
Lynn911 Dallas Realtor & Consultant
Multimillion Dollar Sales Producer
http://www.lynn911.com 100's of Dallas homes listed for sale or lease
Follow me on Facebook