I've looked on the forums for posts about lenders doing bad credit FHA loans. They are all a bit old. I am wondering if anyone has any recent experience getting an FHA loan while they had bad credit and what lenders to try applying with. I've done all the repair I can to my credit, and short of baddies falling off in 2 years, I can't make any other forward progress at this point. I had a foreclosure in 2010, which was an 80/20 originally. The 20% (48k HELOC) still reports on my credit and there's nothing I can do to get the lender to report it as $0, which is the main reason I am getting denied everywhere. I do have a CA reporting for about $3k and a CO credit card for about $4k from the same time period, but everything else has been cleaned up and I've rebuilt credit as best as I can over the past three years. Currently, I am sitting at
MyFico Mortgage Lending Scores
EQ: 612
TU: 552
EX: 602
Any suggestions as to lenders that might be able to help me out? I have no DTI issues, make $100k/yr, I can do up to 20% down, and am looking for property in Minnesota (if it matters to anyone).
