Similar to VA loans, they offer 0% down . They generally prefer a score of 640 , but they allow for manual underwriting if yours is lower due to extenuating circumstances. 4. Non-QM Loans (The "Alternative" Route)
You might pay a bit more in interest now, but you can always refinance later once your credit improves. home buying options with bad credit
If your score is between 500 and 579 , you can still qualify, but you’ll likely need a 10% down payment . 2. VA Loans: A Lifeline for Veterans Similar to VA loans, they offer 0% down