I have 25 + years in mortgage banking and my wife Ellen works for First Choice Bank and would be glad to help you find a way to get the home of your dreams.
We may be able to help. You mentioned below 600, typically we will be able to help if the score is above 580. Also, as Juneann mentions, there cannot be any recent bankruptcies or foreclosures in the recent past.
You should also expect to have a 3.5% down payment for the home you are planning to purchase and income that will support a mortgage payment in addition to your current debts.
I would be happy to evaluate your situation and help guide you on what your prospects are for buying today or possibly in a few months if we can improved your credt.
Timothy Brown | Senior Loan Officer
Academy Residential Mortgage, Inc.| email@example.com
11380 Southbridge Pkwy, Suite 200 | Alpharetta, GA 30022
678.468.5626 x110 | fax 678.935.1156 | cell 678.467.9959
Your credit score is only one of the things they use to qualify you for a mortgage. It is major, however they consider things like if you have been a bankruptcy, and how long, it is under 3 years you can not qualify for a mortgage. There are other thing as well if you owe taxes, those would need to be paid.
If every thing else is fine, depending on the lender and if you are going to go FHA, or Conventional . If you need any help I would be happy to suggest some mortgage brokers to you. A mortgage broker is the best person to answer the question.