Can I get a home loan with a repo on my credit? My fico score is around 580.?

Public Comments

1. NO
2. Yes, currently there are lots of home loans available, even for people with poor credit. Usually you would have to higher interest rates and a larger down payment. Find yourself a good loan officer and get pre-approved. Buying a home is the best investment you can make!!
3. It is possible to get a home loan, however you will probably be required to put a sizeable down payment down and your terms and interest rates will probably be outrageously high. You would probably be best off to wait until your credit is reestablished and your score gets higher before you try to buy a house.
4. You can get a mortgage loan with a credit score as low as 500. You best bet is to try E-loan where they can find you the best lender for your situation.