I specialize in helping people with their bad credit. I help them purchase or refinance their home:)
I might be able to help you too! Take a look for yourself.....
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I wonder why your scores are where they are. Most banks are requiring a 580 middle credit score to write an FHA mortgage. Any thing lower than a 580 will take a manual underwrite and is on a case by case scenario. If your credit histroy has been good for the past two years FHA is going to be your best bet. I do agree that you should focus on getting your score up. I bet by making some minor things on your report you can increase your score.
Everything except your credit score sounds terrific. Since you seem to know your credit history situation, is the score a systemic issue (lots of things), or is it specific to a certain event (divorce, bankruptcy, etc.)? You'll pay through the nose if you can get qualified for a loan today. If you can live with renting for a while, get the credit score resolved, and save for a down payment at the same time. This will save you a ton of money on fees and interest rate, which are going to be quite high if you try to buy something now.