You will need to qualify for a FHA loan. Most lenders offering FHA loans have a minimum credit score requirement between 600 - 620. FHA loans are offered by many financial institutions but not all financial institutions will make a loan on a HUD owned home that has a repair escrow. Our preferred lender does and you can get pre-qualified today and start looking tomorrow.
Visit http://Apply.HUDDepot.com to get PRE-Qualified Online
or to download an application that you can email or fax to our preferred lender. You should have an answer back in just a few hours.