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Loan lenders for poor credit ******* How to Get A Home Loan with Bad Credit in 2019 BY The Lenders Network Getting approved for a home loan with bad credit is no easy task. Especially since the 2008 housing market crash, sub-prime loans almost disappeared. There’s great news though! FHA loans allow borrowers to have just a 500 credit score or higher to qualify. In this article you will learn about bad credit home loan programs and how to get approved despite having imperfect credit. FHA Home Loans Back in the day, in order to get a mortgage you needed great income and credit, at least a 640 or higher to get approved. This made it impossible for many buyers, especially first-time homebuyers with lower credit scores to qualify for a home loan. FHA loans were created by the Federal Housing Administration in 1934 to increase home ownership in America. By insuring mortgage loans the risks lenders face was greatly reduced. It is much easier to qualify for this Government ho...