likely to qualify with around 5% down and 630 credit score?
There are a multitude of other factors for qualification rather than 5% down and your credit score. Purchase price, income, and liabilities populating on your credit report all play a MAJOR role.

Lender says rent is not an acceptable form of credit??
William, you are absolutely correct, just because a bank or lender says THEY can't use something, doesn't mean that's the rule for all lenders, it just means they aren't able to.We traditionaly can use 2-3 lines of traditional credit (verified rent for 12 months included) as well as non-traditional...