Middle Credit score of 547 but willing to make a down payment of up to 50% purchase

There are lenders out there that will go down to 500, but the guidelines are very very strict, and most won't qualify.. But without seeing your credit report as well as an application, it's hard to say if you would qualify for these low score programs.. There are hard money lenders out there that will do a loan for you with your score and available cash, however the terms are going to be terrible.. you might want to invest a few dollars into a credit restoration company... it's possible they can get your score up enough to qualify, which in the long run would be cheaper 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. 480-287-5714 WilliamAcres.com

If all of your old problem credit issues have been resolved, are they being reported correctly? Have you established any credit since then? You will usually need at least three open active and PAID AS AGREED credit accounts to get positive points. If you don't have open accounts to earn positive points, you will never get above where you are right now. Contact a Local Mortgage Banker/Broker and ask them to guide you into what you need to do to improve your credit and score. It could be as simple as cleaning up the reporting, or it may include waiting a couple of months for your good credit to give you the bump in score you need. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ www.LoansA2z.com 888-889-9950

What is your credit score?

You need to keep looking for a mortgage broker that can go down to a score in the 500's. I can but not in your area. So it is possible. Good luck!