If you have someone to sign as co-borrower who has at least 3 open credit trade lines you should qualify for a loan. If you don't have a co-borrower I would look into an FHA loan.

Do you know what your credit score is? If it is below 580 it will be very difficult to find a decent interest rate at this time. If your score is above 580 then we have a program that will benefit you right away. Either way please give us a call at 1-877-826-5014 ask for Brock and we will be able to give you some FREE advice on how to proceed. Hope this helps, best of luck on the house hunt.

The best chance for you is to go with a program that offers alternative credit guidelines So, that we can create the required tradelines for you. Feel free to contact me directly at 877-401-1389 xt 103Regards,Jonathan Rhode

I am familiar with ING Mortgage's portfolio products since they are one of the 52 home loan lenders we are approved with. They do have a "minimum trade-line" requirement, meaning they want 3 open and active accounts reporting to credit. If you have good scores, that would be good enough to go with some lenders with Conventional financing or maybe an FHA loan since those rates are equally very low. I can suggest ways of opening credit accounts, however, let's see if I can get you approved without the trade-lines first. A 40% down payment is a HUGE compensating factor the lenders will like. Brock Hicks 949-287-4058

Hello-Being denied for a pre-approval doesn't affect the rate you qualify for when you apply somewhere else. ING has pretty strict guidelines and only approve a small amount of loans, as they keep their loans on their own books. It sounds like you could easily gain preapproval through any FHA approved lender. Going forward, if you are interested in increasing your scores and not running in to this again down the road, you will want to apply for some revolving credit. Use it occasionally for gas or groceries and pay it off, and your credit will be just fine. Good luck!