Lower Credit Score - Own two homesHiMy husband and I recently fell into a situation where we inherited a home, plus we own our own home. We are looking to sell the home that we had previously owned. However, due to market values and the amount we owe on the home, we are upside down. So we are looking to refi the new home (home is paid off), and use some of the value to help us get to existing property sold.Our credit scores are lower, I believe my highest score is 610 and my husbands was 597. We had a lot of medical debt collection issues, which are all paid and cleared up. At this point, I'm not sure how much our credit score will increase, and I've been told a FHA will not work, although we were in the underwriting process and then were denied. And not becusae of our scores, but becuase they said the house "had no value" because we didn't purchase it. We'd have to wait 12 months for their to be value in the home.Lost for ideas... Are their "high risk" programs out there.December 04 2013 - Waukesha00YesReport 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.