How can I get a mortgage with a 592 credit score?

My husband and I recently were approved for a mortgage and were buying a home(short-sale). It ended up taking over 100 days and we walked away from the property. We have had to start all over and now we have to have a credit score of 620 instead of 580. We have nothing on our credit except for a credit card of 500.00 it had a balance but we just paid it off. There is nothing else on our credit report that would affect us in a negative way. How long will it take for our score to go up since the cc was paid off. And are there any lenders dealing with lack of credit, rather than bad credit? Our card has never been late and all our bills are paid on time.
Oh, my husband pay child support always current, comes out of his pay check before taxes. Does that affect the debt to income ratio?

Bad Credit Mortgage/FHA Loan?

Hello,

I’m trying to get some answers on a very simple question….. Is it possible to get a Mortgage/FHA Loan with a bad/poor Credit Score? I’ve been reading all types of forums and blogs on this and I’m not really getting anywhere. The thing is most of my past credit issues are going on 2 years of age or more. Should I pay them off or leave them be? I’ve read that if some things on your report are over 2 years old you shouldn’t pay them off because it will update it and hurt me even more. Is this true? I have no clue. The home I’m looking at right now is only ,000 and I make nearly ,000 yearly gross and I have plenty for a down payment. Should I just get all my information together and apply for an FHA Loan and cross my fingers?? Pretty much what I’m asking is, are there companies/lenders that don’t really punish you for bad credit as long as you can prove that you can afford the loan??

What is a good way to get a mortgage loan for a first time home buyer with bad credit?

I have paid off all delinquent things on my credit report and all I have on there is my carnote and my student loan which are both in good standing. I still have a low credit score which is what is damaging me right now. Any suggestions of lenders or companies that can assist me with purchasing a home?

I need a list of lenders that will loan a home mortgage to someone with a credit score between 545 and 550?

I make 48k per year. Circumstances that have led to bad credit rating are a 60 day late car payment that occurred two months ago. The car has since been paid off. Credit cards are close to the max but always paid on time. Please only respond with a list of possible lenders thankyou.

Is there a way to get a VA loan with bad credit score?

I am eligible for VA loan which doesn’t require FICO score but lenders do. Been renting for 20 years and om ready to retire from Air Force and stay in one place. Never missed rent payment which was always more than any mortgage payment in my price range.

Mortgage with bad credit score?

My husband and I live in FL. We both have terrible credit, around 550 (past bankruptcy, medical bills etc). While we understanding that raising the credit score is the best way to get a mortgage, we’re looking to get into a home sooner then later.

- Any advise on how to get one?
- Specific bank names/lenders etc., that may help are welcomed.
- What percent should we expect to put down with our credit score?

Thanks!