I am working hard to get my credit score up. Just got it to 572 in about 6wks from a 540.Is there anywhere I can get a mortgage?

Some lenders go down to a 550 credit score for FHA and as low as 560 for VA if you qualify for a VA loan. The answer is your credit score should allow you to qualify, but you still need to meet all other guidelines such as income and asset.

Fact vs. Fiction.. Yes.. there are lenders out there that will approve borrowers with scores in your range, however the real problem is "WHY?".. why is your score so low.. even if you had a 750 credit score, you could still get turned down if you have certain credit deficiencies.. Also, those lenders who will do the 530 or above borrowers.. the guidelines are so strict that very few that apply actually get approved... Like less than 5% of the applicants.. so, your better off getting with a mortgage broker now.. let him look at your credit.. and let him put together a plan of action to get your score up to an acceptable range.. 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

Regardless of all the pie in the sky comments you may read that you can get a loan, realistically, if your middle credit score is under 620, you need to continue working on your credit before applying for a mortgage loan. While they say they can accept a lower score, when you have those low of scores, there is almost always something else on your report which will prevent you from actually getting approved. Get at least a 620!

Yes there should be we go down to 560 on FHA to 96.5% but we do not lend in Mississippi. Good luck you should find someone on this panel soon

if you can get it up to 580, you will have more choices. Your best bet is a FHA loan with 3.5% down payment.

I have a place that lends in all 50 states will do a 500 or over fico with 10% down. This is a great loan to do with no mortgage Insurance. You hear FHA can do them at 580 the thing with that is yes they can do them but chances are you will have something on your credit that FHA doesn't like that got you to a 580 fico or lower fico so this is a great way to go but you have to have 10% down also the home needs to be over $150,000 and they go up to $1,000,000 has a great low rate as well..