With scores that low, you usually have plenty of other things on your credit report that will get you denied regardless of score,
like recent late payments, foreclosures, etc..
Not exact matches
Make sure your credit report is clean of stains on your
recent credit history, check that there is not negative information that should not be there
like missed
payments or
late payments that you have canceled on time.
Well, no matter what the rest of your credit report looks
like, if you have a bunch of
recent late payments, that's likely all your lenders will focus on.
Your loan officer might ask you to write a «letter of explanation» that addresses a specific question or problem,
like why you had a
late mortgage
payment or what led to your
recent short sale.