There are a couple of home loan options for nurses with bad credit. FHA and VA loans are worthwhile considerations if you aren’t able to pursue credit repair before beginning the home-buying process. FHA loans will approve borrowers with credit scores as low as 500 with a 10% down payment. VA loans don’t have a minimum credit score requirement and instead, lenders will look at your overall loan profile to determine your risk. In general, the higher your credit score the more favorable your down payment and interest rates will be.