NACA doesn't consider credit score but they do look very closely at recent payment habits and proven ability to pay (your payment cannot exceed current rent, if you want to pay more you must show a consistent pattern of saving the difference (they call that "payment shock"). Their process is slow and painful, but helps with patterns of financial management that have helped me. This isn't limited to low / meddle income either, the maximum home value is capped, not participation.
30 year fixed, below market rate, 100% financing with NO CLOSING COSTS. I closed in April and used seller closing help to buy my rate down to 2.92%.
myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.
>> About myFICO
