Can I still get a Mortgage with 550 credit...

[Relisis]

...score ? Can I still get a Mortage with 550 credit score ? Does anyone know which of the subprime lenders still in business. I think the one my mortage broker was going to use on my credit report stop issuing new loans it looks like the will also go out of business

[Jose L]

not unless you come in with a huge down payment. 50%

[Amber]

Not anymore... dont you watch the news? The days of risky credit lending are over. We were in the process of buying a home (our scores were in the high 500's) and the company changed their policies a week before we expected to close!!!! If you have a large down payment or are looking to buy a with low payments versus your income you might have a slight chance. Too many people are foreclosing so they dont want to take that risk anymore.