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.

My suggestion would be to have your credit report completely analyzed to see if there are ways to get your credit score up to a 640 for an FHA 3.5% down program. The lower scoring FHA programs come with stricter debt to income ratio guidlines and higher rates so it is worth the time to look into this and then do a rapid re-score which takes all of 72 hours in order to get the scores boosted. Please contact me if you would like me to look into this for you! Just FYI we can close your loan within 7-10 business days since it seems like you have some serious time constraints on your hands and you want to make sure you do not loose your 4k earnest money.

What state are you located in? Do you have any late payments on any credit? I do work with lenders who fund down to a 580 score. You can contact me for further information. Thank you. Chris Gummerson Bay Valley Mortgage Group. Bayvalleymortgage.com 714-367-5125

We can write FHA purchase loans down to a 580 credit score. However, we will use a few techniques to bring your score up while we are working on your loan. This will result in you getting a better rate than the 605 wlll get you. Please call me at 866-766-918.

I'm sorry that your qualification for financing wasn't done during the so-called "pre-approval" Most of us look at your income and assets then obtain your credit from each of the 3 repositories and submit your loan to electronic underwriting to get approval before telling you you're pre-approved. People shrug it off when we say it, but getting multiple pre-approvals is a pretty good idea when done at or close to the same time to make sure that you have at least one, experienced and thorough loan officer helping out.Having said that, there are - as the others pointed out - a limited number of programs available. I have a colleague who could help look at your question as I can not help. You'll probably need 3.5% down and use an FHA loan.