Can we get a home loan if our credit scores are 514 and 524

WHERE do find a loan like this???

In today's market, it would be difficult for you to get a mortgage at credit score of 514-524. In order to get a FHA mortgage, you would require a minimum credit score of 620. In case, if you are planning to take a conventional mortgage, you would require a credit score of 720-740. Apart from this, the lender will also take a look at your income. In my opinion, you should first try to improve your credit score and then look out for loans. To know more about improving credit score, check out the following page:
http://www.mortgagefit.com/credit-rating/credit-repair.html

Interest rates are at an all time low right at the moment. I would think you could get a loan on that score, but would probaly need to pay some money down. Me and my husband are trying to get a home right at the moment. His credit score is 630. After pulling score, he said we would get approved with zero down on FHA loan but would need somthing showing on atleast 1 more burea, but all 3 would be better. What he suggested was to go and get credit card. With your score, i would suggest a secured that reports monthly to all 3 bureas. What we will go with. What my lender is wanting is somthing that will show up as established on credit, and of course once you do get that card in the mail, go out that day, and put maybe 30.00 or so on it and pay most of it off like the next day. I was also told since it does take a month to show up on credit, you can call and report it yourself that you paid it. I'm having a hard time understanding this as i was told that credit cards wil pull down your score at first, but i'm willing to give it a try. If we don't get to buy the house we now live in(rent), then atleast we will have smthing to look forward to on down the road when looking to buy another.

lenders look at scores AND how many tradelines you have open
the more open POSITIVE tradelines open that are 12-24months old...the better chances you have for a mortgage

unfortunately, you will have to work on improving your credit score and report to at least up to 680 to qualify for conventional loans. in fact, you will still not be able to qualify for an fha loan because it requires a credit score of at least 580. you best bet is to try looking for lenders who offer sub-prime loans. if you can afford the high interest rates, you can go right ahead and apply for one. aside from that, you can look for lenders who do not require a down payment. this article "articlesbase.com/mortgage-articles/mortgage-loan-are-you-qualified-for-it-6211367.html" will serve as your guide to obtaining a home loan with no money down. you can allot the money that you have saved from the down payment to paying off your debts instead. in this way, you can work on improving your credit score and apply for a refinance once your credit scores are up.