can I get an FHA loan with my credit score between 500 and 579?

Probably not. Usually when a borrower's score is that low there are things on the report, that will prevent approval, even if the score was higher. My advice is to Find a local Mortgage Professional and get guidance on what is wrong so you can clean it up and get your scores as well as the other items where they need to be. Then you will not only qualify, but likely at the best rates. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ Certified by the National Association of Mortgage Professionals and Licensed in California and Arizona ~ Licensed in California and Arizona ~ www.LoansA2z.com 888-889-9950

its possible but unlikely and the rate and terms would likely be well above current standards. As others have recommended, you will better off to improve your score and qualifications first.

No, you will need at least a 560 middle score and at that score you need to put at least 10% down and most likely have to pay for any rate. If you have a 580 middle score you will not have to pay for the rate and only need 3.5% down

Better to fix your credit before you buy a home, the better your score the better your rate

Most will not go below 620

In theory, FHA will allow someone in that credit score range to get a loan. In practice, FHA doesn't do loans, they only insure a small portion of a loan, and next to no one will even consider lending with those scores.

Work on Getting your credit score to 640 or greater ( This applies to all parties that would be on your loan) this will allow yougreater flexibility and better terms on your loan. FHA will be changing their terms where you will have to keep your mortgage insurancefor the LIFE of your loan- As such, you will want to have the best FHA programs available to you.Pete

We require 640 or higher

There is one lender out there that can do a 560 with 10% down, depending on the credit history (reporting tradelines). If you work with a mortgage professional, you should be able to get some guidance on how to improve your credit quickly to get the score above a 620 where you will have more options to consider. Above 640 will put you in an even better position. I'd be happy to help, so send me an offline message with more information. Thank you!