I don't know about the ship program, but a credit score of 560 indicates a history of financial troubles. Lenders generally won't begin to consider someone lower than a 580 and even then the odds are long to get approved.
Take some time to work on your credit issues first. Get your scores into the low 600's and try again.... more
Yes. The honest and legal way to get your credit on track is the following.
Pay your bills on time. Dispute any legitimate errors in writing with each agency that reports them. Keep any open balances you have low. Use what credit you may have, but pay it off monthly. Talk to your bank or Credit Union about getting a Secured credit card. Use it for gas & groceries and pay it off monthly. After 6-9 months of doing this well, ask for a second one and do the same thing.
If you need one, buy a car on credit, but keep it simple, cheap and with low payments. Auto dealers often can do things others can't. Pay everyone on time no matter what.
If you do these things, in 2 years or less you will have made a dramatic improvement in your credit scores. Whether you qualify for a mortgage will depend on where you start and the other factors such as income, assets and job security.
Some lenders assist their clients with credit repair. I did when I was a lender and I work with one now. If you find one locally, ask the for more specific steps based on your situation and history.
Best of luck.... more