Can I get a home loan with bad credit but make 80K+?

Just wondering if it would be possible to be approved for any type of loan to purchase a house. I have really bad credit now since I was a struggling single parent and trying to put myself through college. I recently graduated and make around 80K annually. I realize how difficult it is for everything when you have bad credit. I don't think I would even be able to rent an apartment. Just wondering.Can I get a home loan with bad credit but make 80K+?
Its possible depending on what your score is and what kind of issues you have on your credit. If you have judgments you will need to get them taken care of. If you are behind on student loans you will need to bring them current.

The only way to know for sure is to apply with a broker and see what happens. While some lenders have increased their score requirements for FHA loans there are other wholesale lenders that will do FHA loans down to a 500 mid score.

The best approach is to apply. If you are not approved right now a good broker will be able to advise you on what you need to do to get approved.Can I get a home loan with bad credit but make 80K+?
2 years ago yes. Subprime loan. Now no way- my company just raised the mimimum credit scores to 600. 600 is not great but you also have to have had clean credit for 2 years %26amp; 2 years provable income %26amp; minimum 3.5% down. Good luck.
with 50% down, piece of cake



also ask your county treasurer when its next tax RE foreclosure is
freecreditreport.sinfree.net - try this service to boost you credit score before getting loan. After credit repair you can get the loan with minimal interest rate.

myspace background

how to view private myspace