Also i worked previously for 5 yrs w one company but now moved and starting over again. DO lenders look at your history or present time at work?

If you are in the same line or work, then changing jobs will not kill a deal. You would need to explain any gaps in your employment. Also with your low score, you might still be able to get FHA financing with 10% down, as long as you are current with no lates in last 12 months on any debts. If you are looking to improve your credit, you want to settle any derogatory, Tell them you will pay them only if they remove your derogatory account and show paid in full. Also keep any balance less than 40% of the credit limit. If you have a 1k credit limit, only carry up to a 400 dollar balance. Also, keeping accounts at 0 balance is not good. You want to show that you can responsibly use credit. Good luck

Great question: Yes lenders do look at your job history up to a minimum of two years. The key element in changing jobs is staying in the same industry or line of work. Lenders want to see consistency no matter who you work for. If you are changing industries and your pay increases then this would be treated as a positive but if you take a pay cut and switch industries then you would have supply ample explanation as to why. As long as you have one month on your new job you should be ok to obtain a new loan.