I'm getting this message because I'm licensed for Lawrence, Kansas, but I don't believe the credit scores are regionalized. The most lenient credit score in my area if currently 580 for an FHA loan. I would suggest you talk with a mortgage company or mortgage broker; preferably one recommended by your real estate agent.
Contact a local mortgage broker where loan officer can pull accurate info. more than likely no however it is undetermine if 541 is your midscore? If not low score you are declined you will need to improve your overall credit scores to purchase home, http://www.lynn911.comhttp://www.homes-for-sale-dallas.com