Posted by Bruce Lawson on September 06, 2003 at 17:15:30:
If you can get a loan you should be able to get a mortgage. There are a ton of programs available even 100%LTV with credit in the 500’s.
You need to talk to a mortgage broker and see what is available to you, you may be surprised.
You can always approach the owner with the lease option and work on repairing your credit while in the lease.
Kenny check Ed Garcia’s nine ways of dealing with bad credit in the archives, it will help out a bunch.