Can I get an fha mortgage with a middle credit score of 623?

That's a great question and the answer is yes, no and it depends. You have so many different variables impacting your ability to apply and qualify, that it is really best to discuss them in detail. Please be free to complete a secured online application at http://apply.gvcmortgageinc.com and then I could make the proper recommendations to help you achieve your goal of homeownership. Have a great weekend.

Some lenders will go that low of score but the problem is that you need 2 full years since the bankrupty and you do not have that so I say the answer is no but someone might come back and say they can help you.

It's very likely that this will work for you. We can do FHA loans down to 620. It seems that you have your credit status back up to where it should be after the bankruptcy, so this is definitely a good time to start. I am licensed in Illinois and I would be please to assist you. Please feel free to contact me with your questions. 1st Advantage Mortgage - barb.lanis@1amllc.com

Hello Jessica,I can certainly help you and your husband. We need to make sure your husband has reestablished his credit which is easy to do. Let me know if you would be open to a free no obligation consultation. ENG Lending, A Division of Bank of England, always puts your best interest first. We would appreciate the opportunity to serve you. Please visit us at www.cincinnatimortgagerate.net. You will soon find that we are so much more than a Mortgage Banker; we are a company that is dedicated to empowering our clients and referral partners. Don't forget to visit our Facebook Fanpage at http://www.facebook.com/pages/ENG-Lending-Cincinnati/171183536269710?sk=wall Or Call Anytime 513-403-6260

There is one important part of your question that needs to be clarified and is whether or not it was a Chapter 7 (wipes debt with no repayment) or Chapter 13 (repayment paid to BK court trustee, usually 5 years to eliminate the debt). Ch. 7 will require the 2 years from discharge date so you would not be eligible for any type of financing for any program until that time. If Chapter 13 you should be financeable now solely on that basis. Also, the other question in regards to the collections would be what type of collections are they and did they occur after the Bankruptcy (BK)? If so, are they medical because this would provide you with more underwriting leniency otherwise you would be heavily scrutinzed for having more derogatory credit to typcial creditors after a BK. Since you are in Indiana a good option to look at would possible be a USDA loan which would enable you to do 100% financing and access to low rates as well but much cheaper monthly mortgage insurance than FHA financing which may have a lower interest rate but higher mortgage insurance. Both of these loan options allow down to 620 FICO with 24 months after discharge date of a Chapter 7 Bankruptcy. Conventional financing with no mortgage insurance would not be doable for you at this point because you need 48 months after the discharge date. Call me and I would be happy to discuss with you at 502-272-4461 on my direct line, Ryan Wheeler. Our website is www.unitedresidential.net. Thanks.