Thank you for your question. There are usually 3 credit (FICO) scores and as a lender we look at the mid FICO score.
I'm a local lender and I'd be happy to discuss further. Please contact me via cell or emaail
Sr. Loan Officer
Forked River Office
Cell - 201-208-5699
Email - firstname.lastname@example.org
Other options can include buying on a land contract, subject 2, rent to own or getting a co-signer. Meanwhile, save every penny you can to put down on a property. Large down payments can offset a poor credit rating to a degree.
You should do this under the guidance of someone you can trust and who will not charge you a fee. Having said that; you have completed the first phase of rebuilding your credit. To make this easy for you I will give the phase/order of events/activities:
Phase 1: Identify and verify debts are yours and balance owed
Phase 2: Develop a strategy based on goals and timeline on disputing debts, paying in full verses settling debts
Phase3: As part of the negotiating strategy, ask if the will send you a letter accepting payment “as agreed upon”, if not, ensure you get a copy receipt from each creditor indicating account is paid in full.
Phase 4: After receiving all letters, construct a letter to all three credit bureaus (send me an email for a sample letter and their addresses), indicating all these accounts have been satisfied.
Phase 5: Start re-establishing credit—you mad have to start with a secure credit card—ask me later about it
Phase 6: Maintain all financial debt obligations and keep balances below 33% of all credit limits.
If you need additional help call me.