Usually when people say they do or don't have good credit, I usually ask them if they know what their credit score (FICO) is (please don't reply publicly with that information, I'm just telling you what I ask people). Most people think it's one way or the other, but are often surprised at what it really is.
These days, lenders are being quite strict with credit qualifications. Typically, a 620 is what you're shooting for, although I know a few lenders who can get it done at 580.
I recently had a friend say they had horrible credit...their credit score? 720. Credit scoring is a complicated thing and if you're close enough to one of the goals, there are often simple steps you can take to help boost your credit in a short period of time. I do not recommend you call one of the many credit repair companies you hear of on TV or radio. Although I know there are some honest to goodness companies out there, I have yet to find one. Perhaps on of the other agents on here can recommend a decent one.
I have heard too many bad stories about those sorts of companies - taking money up front and then doing nothing to repair a person's credit...I would hate to think I steered you in that direction, which is why I don't recommend them.
Perhaps your best bet is to sit down with a reputable lender. One who can look at your credit scores and even if your credit score is too low, they can recommend some steps to take to help get you to where you need to be. Sometimes seeing someone else's view of your credit report can help tremendously.
Hope that helps!
Matt Stigliano, RealtorÂ®
Exit Realty North-San Antonio
"Your all access pass to San Antonio real estate."