HAVE A LOUSY CREDIT SCORE? 10 Places Where a Poor Credit Score Isn’t Stopping Home Buyers | realtor.com®
Plus why it should not stop you, either!
Federal Housing Administration loans, among the most popular government-backed mortgages, allow borrowers with credit scores as low as 500 to qualify with a 10% down payment. (They must have scores of 580 to snag loans that require only 3.5% down payments.) But plenty of sellers choose not to accept them if they have other offers.