Cash is king.
Go seek guidance with a financial person...an accountant, a mortgage broker...a professional who can help you rebuild your credit.
You have to show a track record of being able to pay your bills on time over a period of time, be employed for at least 6 months at the same type job, and basically live within your means. These are things you have to do on your own, no matter who you talk to or try to buy a house from.

I have houses for sale with owner financing options. You don't need to qualify with the bank. As long as you can make the payments (meaning: you have a job) and have the down payment needed. The way to go is start with owner financing and then refinance in a couple of years. The banks will feel more inclined to lend to you after seeing you are making payments on a house already. It's easier to refi then to get a loan. Contact me if you need more info. And check out my site for the houses I have for sale.
Good luck!

Although you may find few individuals who will be willing to co-sign, that is an option to consider if available to you.

Melissa assuming you meet all of the other requirements (ie: income, down etc) you need to improve your credit score. If you need to increase it only a few points you might do that yourself. but if you need 40 or more points you need professional help. Take a minute and review the short video in the web reference. Email if you have any questions. And please do not dispute your items online. If you do this it is only two computers checking with one another and you forfeit a lot of your rights under the law.

If it is for you to move in, you need a large down payment and improving your credit score. Since your credit is bad it will take time to improve it.

If your credit is bad turned down for a loan, I would focus on restoring your credit by paying bills on time, possible credit repair. If the debit is less than 2 years old best to wait for credit repair. I owned a credit repair company for 10 years lectured to 1000's . Dont have anyone else pull credit or apply for any type of loan. IF YOU REDUCE your credit card balances DONT close those accounts it will increase your scores approx. 10 - 20 points. Your credit scores improve everyday when you pay bills timely
http://www.lynn911.com http://www.homes-for-sale-dallas.com

Well, Melissa, it depends on how bad your credit history is and why you were turned down. Do you have any history of bankruptcies, foreclosures, collections, or judgements? Do you have many late pays, high credit card balances, etc? Are you sure everything on your credit report is actually yours?

Sometimes, borrowers are turned down for "bad" credit because the lender did not have the underwriting flexibility to approve the loan. With all the changes in the mortgage market, some lenders have become even more conservative than others. Sometimes, it is because the Mortgage Consultant may lack the expertise necessary to make a file work. Other times it could be because a person needs to be referred to a reputable credit repair specialist.

At this point, more information is needed to determine whether you would actually qualify for a loan depending on your specific situation.

you need to either have a larger down payment or increase your credit score. Go to the 3 major credit bureaus, pull your reports, dispute all the negative items, the creditor will have 30 days to confirm or it will be removed. try to rebuild your credit, get a $300 limit credit card or a secured card, only charge a little bit on it, leave a $20 balance but pay something every month. Make sure all other payments are paid on time. this will start to increase your score. dont max out cards, this really brings down your score. dont close accounts either, pay them and leave them open, just dont charge more. check with your local housing coordinater and see what they have for programs, herein Nh we have NH housing which helps home buyers get a loan. Good luck