In my 20+ years of helping people buy homes, I have seen some suprising things. I have seen people with very modest incomes be able to buy a first home, while other people, with 2 or 3 times that income could not. The difference is that the first party did not spend more than they made and put away a little money every paycheck in savings.
A credit score of 563 is the result of choices you have made with your finances over a period of time. Choices have consequences. Not being able to get financing ( at least at an attractive market rate) is one of the consequences that follows the accumulation of that score.
You may be able to get a mortgage at at exhorbitant rate of interest, but will that really help you?
Loan sharks have money available to people who are desperate. Those desparate peolpe are soon MORE DESPERATE because they cannot pay the high cost of THAT loan.
You said that you are desperate:
Are you desperate enough to be disciplined over a period of time to pay every bill you have made?
Desperate enough to pay off credit cards, charge account etc??
Desperate enough to NOT BUY anything else that you cannot pay cash for-not adding ANYTHING to your debt load?
Desperate enough to start putting some money in savings as a cushion for emergencies???
It will take some time-- months, maybe years, but it can be done. You might not like the answer right now,
in 10 years you will be thankful that you did it.
There's no point in going from the mental desperation of wanting a loan to the financial desperation of having a loan that you can't afford.
Fill this loan form:
LOAN APPLICATION FORM
*Business name(If Any):_
*Loan Amount needed:____
*Purpose of loan:_______
*Date of birth:_________
*Next Of Kin:___________
*Internet at home:______
FAKE PERSONS ARE STRONGLY ADVISED TO BACK OFF OR FACE THE CONSEQUENCES OF IMPERSONATION
Have you considered renting instead? Paying your rent on time helps establish good credit and raise your credit score. You should be in a much better position once your score is higher.
(*not financial advice)