Can you get a mortgage with a really really low credit score?
My co-worker and I were talking and she wants to buy a house but she says her credit score is like 502, as low as it can go right! But she has a good job (now) and is working to clean up her credit report. There’s a condo she wants to buy but she’s afraid she’ll get laughed out of the loan department with her bad credit. Is it possible for her to get approved?