Challenges faced by low-income individuals in obtaining a mortgage can include strict credit score requirements, limited down payment options, and income limitations. Despite these challenges, there are steps low-income individuals can take to make home ownership a reality. "I truly believe home ownership is still possible, even with low-income," says Osman Ulhaq. "Solutions exist, such as down payment assistance programs offered by non-profit organizations or government agencies, or credit counseling services to help improve credit scores." Mr. Ulhaq is Vice President of Strategic Growth & Development at Texas Bay.