Borrowers with a score as low as may qualify for a 3.5% down payment.
Some lenders may accept scores as low as with a 10% down payment. buying a foreclosure with bad credit
: These government-backed loans from the Federal Housing Administration (FHA) are a top choice for those with lower credit. Borrowers with a score as low as may qualify for a 3
For buyers who cannot qualify for a standard mortgage, several alternative programs are designed to be more inclusive: buying a foreclosure with bad credit
Buying a foreclosure involves more complexity and "grit" than a standard sale. FHA loans for foreclosures - Rocket Mortgage