is there any flexibility with conventional loan requirements?

James is right. Your best course of action right now is to see what can be done to improve your score. Are there any derogatory items on your credit that you could ask to have removed? Work with a local lender who is willing to take the time to go through your credit report and see what can be done.

Based on score alone, you may find a lender who could make the exception based on an FHA Insured Home Loan. With that being said, one does not get a 610 FICO mid-score without having some history of derogatory accounts. You need to find a local mortgage professional who can truly review your credit history to see what can be done to strengthen your credit so you are no longer an exception. Good luck.

With a 610 score it shouldn't take much to boost it up and over where you need to be. Also, it's possible that if your profile is otherwise strong, that an exception can be made. I am a licensed IN lender, please feel free to contact me via my profile.

There are quite a few lenders out there who will lend down to 580.. that being said, you will have endless options if you can improve your score above 640. You should start by contacting a local mortgage broker and apply with them. Once your broker sees your complete scenario, they will be able to properly advise you on the path necessary to obtain financing. Do not use the local "Big" bank, or one of those 50 states internet lenders or nationwide 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

There are options however sounds like you need to go over your credit and understand what is causing your score to be low. There are fixes that can be completed immediately that will effect your score. I can help you with that. Jon Philips219.246.4693 is my direct number

I can go down to 580 credit score on FHA. Give me call at 904-332-7808 or email me at bbales@firstoptiononline.com

Hi gleefan1978, Call me today when you get a chance. I am with First Merchants Bank in Indy. 610 is a bit low for most if not all lenders. However, i kind of pride myself on helping people clean up there credit report and therefore increasing your score and at NO COST to you. My contact number is 317-566-6129. I am on the phone a lot so if I don't answer please, please leave a message and a contact phone number. email: elewis@firstmerchants.com

Our mortgage bank does mortgage loans for people with 580 to 619 fico scores with low money down, should you want to hold onto some of thosereserves. Yes, there will be mortgage insurance but you can refinance in the futurewhen you have improved greatly on your credit scores (720 mid fico and higher for best conventional loan rates.) We qualify borrowers on a number of criteria, with the credit scorebeing no. 5 on our list of most importance. If you would like a referralto someone experienced at doing the lower credit score loans in your Stateyou can email me your contact information.

This is the best program to raise your score quickly. https://iqualifier.com/

The best thing you can do right now is improve your credit score. Work with a lender who is willing to help you improve it OR knows someone that can help.

I can do an fha loan for you although conventional would require a 620 score. www.LechelMortgage.com

The common train of thought is that you need to be at the 640 or higher middle score to get approved for a great rate. However there are banks that will lend on a purchase as low as 530. Our bank is licensed in all 50 states and have access to about 20 investors with a multitude of programs for new home purchases. We are also have access to companies that will take a look at specific credit situations and put you on the right track to improve your scoring. Feel free to reach out to me or take a look at our website to see what your options are. FNB-MTG.com