Can I get a purchase loan with FICO score of 615

If the only thing a lender looked at was a credit score, then yes.. there are lenders who offer financing to borrowers with a 615 score.. but, understand that it takes so much more than a credit score to qualify for financing.. Income, debt, debt to income, past credit experience, payment history, etc.. also, if you have had a BK, Foreclosure, Short sale, unpaid student loans, or unpaid taxes.. you could have a 750 credit score but if you have one of these credit deficiencies, you still might be denied.. if you want to know exactly where you stand and see if you can qualify, then you need to contact a local mortgage broker and let him look at your complete loan profile/scenario.. By applying with your LOCAL Broker, you have an advantage because he's familiar with local customs and works with numerous lenders, seeking out the best loan terms for your particular scenario. Because he has lower overhead, he can offer you lower rates and lower fees than most of the larger lenders.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

Possibly FHA depending on the loan amount and your other qualifications.

Some FHA lenders can go down to that fico, or you can boost it to 620 and do a conventional loan, if you meet the other requirements. Give me a call or email me and I can go over your options. Contact info is on my page.

A score of 615 does not disqualify you for a FHA loan. You do need to talk to a lender that understands and does FHA loans well. While the score isn't a problem the issues behind the score may be. For Help understand what it will take to purchase a home with this fico of 615. You can call me. David Schwartz 714-227-5087 Sr. LO Banc Home Loans.

Yes, we can offer FHA loans down to 580 credit score.

Maybe, there are programs for scores that low and even much lower. However it will depend on the total credit, income and asset picture. Best to speak with a local loan officer and have them present you all of the options available to you. Best wishes, Sean