Can I get a home loan (FHA) with a low credit score?

What exactly is low and what is causing it to be so low? If it's lower than 620 you are going to have some trouble, especially if you have collections, judgements and or late mortgage payments. I know FHA says it will take 580 scores but really they are not the ones lending the money so the lender decides what is acceptable and what isn't.

More information needed for a good answer.

It depends on what you mean by "Low Score".. There are very few lenders out there lending to borrowers below 580, and FHA will require 10% down if your score is 580 or less.. A few lenders that will go as low as 600, a few more to 620, but the majority of lenders will require a 640 or above.. However, there's more to an approval than just a credit score.. What type of "bad credit" is driving your score down.. Certain items might need to be addressed even if your score is above 640.. Plus, debt to income ratios, type of income, salary, commissions, hourly, self employed.. Etc... All play into your ability to get approved.. The best advice I can give you is to contact a LOCAL mortgage broker and apply with them. Not the local "Big" bank, and certainly not one of those 50 states internet lenders...By applying with your LOCAL Broker, you have an advantage because he's familiar with local customs and works with numerous lenders, seeking out the best loan terms for your particular scenario. Because he has lower overhead, he can offer you lower rates and lower fees than most of the larger lenders.. 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 you are 62 years or older I can do a reverse mortgage regardless of your credit score. Good luck!