Can Anyone Qualify for a Mortgage-Help!

Despite what the media would have most people think, mortgages are still available for "qualified" borrowers. Qualified means credit rating about 620 and a minimum down payment for purchase of 3% of purchase price. This is the FHA standard. For conventional Fannie Mae, Freddie Mac, the standards are higher. Credit rating 660+ and 5%-10% down payment for purchase. Why use Fannie Mae, Freddie Mac? More property types-such as condominium are acceptable. Also, Second Home and non-owner occupied (investor) purchase and refi's are allowed, unlike FHA. Rates do flucuate daily (just like the stock market) but lately have gone under 6%. Now is always the best time to apply.