The short answer is probably, other factors being considered such as income, down payment and job stability/income (or in the case of, say, disability income, a letter from the doctor stating that the disability is expected to last for an expected period of time). Unfortunately, you will have to really shop around carefully to avoid predatory subprime lenders, just as with the auto and other credit industries, and you probably won't qualify for an F HA loan at this time. Don't give up hope, though! Pay your bills regularly and on time, and never use more than 30 percent of your available credit lines, and you'll see those points come up shortly. Mine did.