Some credit blemishes can usually be cleared up with a letter of explanation! Major credit issues will be scrutinized. If the event that led to your credit demise is reasonably determined to be out of your control, isolated, corrected, and not likely to reoccur there is a good chance of getting past the concern.
Tim Diersing - Fifth Third Bank 317.882.3206
There may also be special financing programs that might help you, depending on your income qualifications. Be sure and ask your lender. Best of luck!