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Seeking an FHA loan with little down payment........

I am in a terrible predicament right now and need to move almost immediately - renting in not an option, so I would like to buy a home that is fairly inexpensive (foreclosure maybe?).....I have bad credit that I am now in the process of repairing/paying off.  My credit scores are Equifax 628, Transunion 586 and Experian 586.  Is there anyone in the NYC are that may be able to offer assistance/advice?  Thanks.
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April 16 2013 - St. Albans
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Answers (2)

You are going to need to work on your credit scores.  Most lenders want to see a 640.  Some lenders can go lower.  Talk to a lender who can go over your credit report and let you know what is needed to improve your scores.  Renting may have to be an option
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April 16 2013
Talk to several lenders to see what they say about giving you a loan, it all comes down to that.
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April 16 2013
 
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Seeking an FHA loan with little down payment........
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