Low FICO mid score

Most lenders require a 640, some a 620. I can go down to 600, but there are debt-to-income ratio requirements you must meet. I would suggest you complete a loan application on my website, www.soonerlending.com and let me take a look at the "Big Picture" and make sure you will qualify. Let me know if you have any further questions.

Best bet would be to go FHA, would require 3.5% down payment. If you're waiting for the house to sell prior to purchasing a new home it would give us ample time to work on getting you to 640 or above which would qualify you for the best rate available. Feel free to call me at the office if you have a few minutes to discuss.Matt Schwartz214-866-0038

Yes, you should be able to find a mortgage broker that has the FHA program down to 600. I would contact a couple different brokers to see who has the program needed for your credit score.I only lend in Florida! Good luck!

There are a few lenders that would consider you for an FHA loan with scores where yours are. The problem for you is that you will be "punished" in your rate unless you get your scores up to 620 or 640 or better. But since you are still getting your current home sold, you have time to make the fixes you need. Work with a local Mortgage Banker/Broker and not one of the big banks. Unlike a bank employee, who is most likely just an order taker, a Mortgage Broker/Banker is Trained, Tested and Licensed in all aspects of Mortgage Origination. He/She will have access to loan products of many lenders, not just those of one bank, and can properly guide you. But more importantly, He/She is trained to take a look at the various different options available to you and guide you through the steps necessary to get your credit and score in tip-top shape. Don't forget to check out your selected Mortgage Originator at the National Mortgage Licensing System at www.NMLSConsumerAccess.org ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ www.LoansA2z.com

Can you get a loan? Maybe. But I would spend every waking minute right now to work on improving your score. May people blow sunshine. I don't. Understand, a 608 score is a poor credit score. The bulk of lenders will require at least a 640 score. Your options will be severely limited until you get your score up to what the mortgage industry deems acceptable. Sounds like you have some time... Get busy!