In Need of a Mortgage Loan but we own doomed to failure credit HELP!?

My husband and I were married last year and we hold made an offer on a home that we love. It's really reasonably priced for what we take home $100,000 and we bring home approximately $70,000 a year. Problem is that our credit is terrible. Our credit scores are 568 and 552. Is here any hope?
Try reading this article http://hubpages.com/hub/Home-Improvement… It's not an online mortgage website but provides information around good sources of mortgage loans (both government and private institutions) Some of them might be likely to work with customers with desperate credit. :-)
not really.
u need to rent for a few yrs , clear up ur credit slavery ranking , save up lots of money.
understand nearby are lots , lots, lots of houses for sale.
buying a house u 'love' is not the best move.
visit dave ramsey.com to swot from others hard lessons what not to do. Source(s): foreclosure server. U of H Knocks
"> I would suggest calling the bank you already have and ask if they enjoy any special programs or deals for first time homebuyers. Trust me they all enjoy programs. Sometimes its not your credit score that will get you denied but your debt to income ratio. Get a clad amount for deposit and make sure everything on your credit report is paid and straight and youll definitley own an option. you guys make honourable money so dont worry just pay attention about the type of loan you choose when offered.


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