Can I get a mortgage with bad credit in Texas?

Yes. FHA loans allow scores as low as 580 with 3.5% down, or 500-579 with 10% down. VA loans are available for eligible veterans with scores around 620+. The right loan program depends on your specific scores, income, and situation.

How long does credit repair take before I can get a mortgage?

Most buyers working actively on credit repair are 6-12 months from qualifying, not years. Some situations — like reducing utilization or removing errors — can show improvement in 30-60 days through a rapid rescore.

Can I get a mortgage while in a credit repair program?

It depends on what's being worked on. In many cases, yes — especially if your scores have already reached program minimums. The key is coordinating your credit repair activity with your mortgage broker to avoid actions that could hurt your application.

North Texas Mortgage Broker

Bad Credit? Working on Credit Repair?
You May Be Closer Than You Think.

Most buyers I work with who are in credit repair are 3–12 months away from qualifying — not years. Let’s find out exactly where you stand.

Wayne Wallace · NMLS #745186 · Homewood Mortgage, LLC · 27 Years Experience

Schedule a Free Credit Review Call

No obligation. No credit pull. Just a real conversation about your options.

Who I Help

If any of these sound like you, you’re in the right place.

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Recently Denied

Got a denial letter and don’t know your next step. Let’s read it together and map the path forward.

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In Credit Repair Now

Working with a credit specialist. I’ll coordinate with them and tell you exactly when you’ll be ready to apply.

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Not Sure Where You Stand

Don’t know your scores or what’s holding you back. We’ll review everything together — no surprises.

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Collections or Late Payments

Past collections, late payments, or charge-offs. Some don’t affect your mortgage eligibility the way you think.

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Want to Buy in 6–12 Months

Planning ahead. Let’s build your mortgage-ready credit profile now so you’re positioned when it’s time.

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Tired of Waiting and Wondering

You’ve been “working on your credit” for a while and nobody has given you a clear plan. Let’s fix that today.

What We Do on the Call

This isn’t a sales call. It’s a working session. In 30 minutes I’ll give you a clear picture of where you stand and exactly what needs to happen to get you to the closing table.

✓ Review your credit scores and report together

✓ Identify the exact items blocking your approval

✓ Build a realistic timeline to qualification

✓ Tell you which loan programs fit your situation

✓ Refer to a trusted credit specialist if needed

✓ Answer every question you’ve been afraid to ask

Wayne Wallace

SVP Mortgage Solutions · NMLS #745186

Homewood Mortgage, LLC · 27 Years

“I grew up in Plano, raised my family in Collin County, and have been helping North Texas families navigate mortgage challenges for 27 years. I’ve seen nearly every credit situation there is — and most of them are more solvable than people think.”

Collin County · Grayson County · All of North Texas

What Score Do You Actually Need?

Most people overestimate how high their score needs to be. Here’s the reality for 2026.

Loan Type

Min. Score

Down Payment

FHA

580+

3.5% down

FHA

500–579

10% down

VA Loan

620+

$0 down

USDA

640+

$0 down

Conventional

620+

3–20% down

Minimum scores vary by lender and program. Call 945-300-4644 to review your specific situation.

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Let’s Figure Out Your Timeline

A 30-minute call. Free. No credit pull required. I’ll tell you exactly where you stand and what needs to happen to get you to the closing table.

Schedule a Free Credit Review Call

Or call directly: 945-300-4644

Ready to apply now? Start your application →

Credit & Mortgage Education

Credit Basics

How Your Credit Score Affects Your Mortgage

Rate Impact

Credit Score Tiers & Mortgage Rates in Texas

Action Steps

3 Moves That Actually Raise Your Mortgage Credit Score

Fast Track

What Is a Rapid Rescore and Can It Help?

Avoid These

Credit Repair Mistakes That Delay Homeownership

Milestone

How to Know When You’re Ready to Apply After Credit Repair

Not a commitment to lend. All loans subject to credit approval, underwriting guidelines, and program eligibility. Credit score minimums vary by lender and are subject to change. Wayne Wallace, NMLS #745186 • Homewood Mortgage, LLC, NMLS #294974 • Licensed in Texas • Equal Housing Lender