Is it possible to get approved for a home loan if you have the right income but a low credit score?My husband and I currently have been renting for the last four years. We would like to buy our first home soon. We have the income to carry a mortgage however our credit score definitely has room for improvement. With the current real estate market, townhomes in our area that usually sell for at least $60,000+ than their current listing prices would make some choice properties available to us that usually would not have been within our price range. We would love to take advantage of the opportunity to buy now while select properties are available in our range, but we're worried that the time it would take to work on improving our credit would be longer than we'd like and that these properties will be sold before then.Would any lender/banker even consider to finance us based on our income and rental history alone?January 17 2012 - Rancho Santa Margarita00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.