They have been renting for a couple of years with intent to buy. The credit they have is not real good. Is there anywhere that will help them.
I will also agree to the lack of will power as I see them spending often
they also do not have much time left, they have children and I have tried talking with them about their situation and they just get upset. There is allot more to the story than I can say but thanks for your help anyway.
Some of the answers on here are great and I'm not sure why you have recieved thumbs down!!!!!

With the housing market being what it is right now? Probably not.

I heard on the news the other day that they were actually making stricter rules for mortgage approval.

I just bought a home. My credit score was 690 and I just BARELY squeaked by.

Who holds their checking and savings account?
start there first who can also refer them to the FHA special programs out right now. Some areas have down payment funds to help if they qualify...

do not go to lending tree..they lie and charge you more on %
NO to countrywide! They have booted some good familys out of homes who had lived in them for years and had equity!

do not even try unless they have some type of checking and savings account with 3 months house payments in the savings account and they need at least 3-4% of the sales price of the home for some down payment. if approved ask the sellers to pay all they they are willing towards closing costs as well most will!

2 years on the job or more is better
2 years or more in same residence is better
2 years in same area and same type of work is better

Go again to local bank or credit union and ask for a mortgage person. Some one you can look at! And get to work now is a great time to buy!

I do like the below lenders

I suggest they save serious $$$ for a few more years, and fix their credit scores.

Look, it's just like it has always been. People who scrimp and save for downpayment are the ones who get the best deal when buying a new home. My wife and I sacrificed 10 years to save up downpayment for that first home. It's 20 years later and we own several houses now.

If your friends are serious about their intent, they MUST get serious about how they manage their money. It sounds like they have desire but lack willpower.

When talking with them, or should say trying to educate them on their situation they get upset? Most likely because they are hoping that you will jump in to save them, again taking the easy way out instead of changing the way they do things. Try offering to help them make a budget in order to save and alleviate their credit problems. If not they will only be going from the frying pan, into the fire. Get hopelessly into debt and then lose everything they have, at this point is not a good option. They need to learn how to help themselves, that would be the best thing that you could do for them. I wish them luck, but I also hope they have the openness of mind to listen to you and work on correcting their habits in order to achieve, and then sustain a living, and a household