Answer: -Possibly, but it depends on how low the credit score is and how low the income is. The low credit score will increase the interest rate on the loan, and the higher the interest rate, the higher the payment. The higher the payment, the higher the income that will be required to qualify. -There are programs in certain re-development areas of some cities that actual are designed for someone who fits those criteria.Look in your local Sunday paper, or contact your city housing government agency. They are all names something different from city to city. -If you have a poor credit score, it is difficult to get a loan from most banks and financial institutions. Credit is usually available only at a very high interest rate.Only few companies provide loan with poor credit score. -Look into assuming a VA or FHA existing loan.