603 Fico
There are 1 or 2 lenders that will do 3.5% down with that score going FHA. Depending on the area USDA might also be an option. Most banks are looking for 640 or better these days so your options are limited.

What is credit score needed to qualify for a FHA?
FHA itself does not have a minimum credit score requirement. However, many of the lenders put their own restrictions. Many lenders are looking for a minimum of a 640 score but I work with a few that go down to 600 and even 580. You should go over your credit report with someone, by making a few adjustments you...

Credit score of 669, can I qualify for a new home loan?
Congratulations on finding a home! Depending on your credit score you may have several options. FHA an USDA are the most forgiving as far as credit goes. Most lenders like to see a score of 640 or higher, this is where you will get your best pricing and rates. I deal with a couple of lenders that will go to a 560...

HARP
Unfortunately because you have a mortgage guaranteed by FHA you are not eliglble.. "HARP is available for certain borrowers with current loan-to-value ratios above 80 percent and whose loan is owned by Freddie Mac or Fannie Mae" You may want to consider doing an FHA Streamline refinance ...

The bank is refusing to offer a fixed-rate mortgage on a home since there are no comparable sales?
That is one of the disadvantages of using a bank. Banks offer limited products and if you don't fit in the box you are out of luck. I am a local licensed mortgage broker here in Rhode Island for over 15 years and can go over your options with you. We work with over 25 lenders and am confident we can find what...

If I have a Short sale 2 years ago, I can still applying for a loan
Yes, you will be able to apply though the "FHA Back to Work Program". The FHA Back To Work - Extenuating Circumstances program is the FHA's "second chance" for mortgage applicants who have experienced financial hardship as a result of unemployment or severe reduction in income. the program waives the...

I have been denied a loan because my property manager won't send in a verification of rent. Aren't cancelled checks enough?
Cancelled checks are adequate and in most cases preferred. If you have any questions or would like a second opinion feel free to call me. Jim Paulino, Equity Resources 774-234-7283. We are direct to Fannie Mae, Freddie Mac and Ginnie Mae. nmls#20458

I have an FHA loan its only been 4 years. If the value is more can I refinance in 5 years?
You can definitely refinance your FHA loan if you have been current on your mortgage payments. With an FHA streamline you have the ability to refinance without an appraisal. We have an office in Bridgewater MA and know the Brockton market well. Values have been appreciating, you may even qualify to...