How can I get a mortgage with a 580 credit score but a very big downpayment?

I am looking to purchase a home in the 240,000 to 310,000 range and was wondering if I can qualify for a mortgage. Once my home is sold I will have between 245,000 to 235,000 cash in the bank avaliable for a downpayment. I also am a widow of the military and am garunteed to bring home 4200.oo a month after taxes for at least the next 11 years. I have no debt, one credit card with a 500 limit that may have 180 balance on it. I have paid of deliquent account and only have 1000.00 of bad ones left and I am still working on them. Please help! I am currently in the Nashville area. I am open to putting down between 100,00 to 210,000 on a house. by jnicol_398_749 from Nashville, Tennessee. Apr 30th 2012 Reply