Husbands credit score is 640 - Denied a home loan....?

mine is a 760 but i do not work at the time. i just had a baby 7 wks ago and have a 19 month old. we can handle our bills fine and now rent so we figured why not try to buy. we can totally afford a mortgage of 700 a month which is out there b/c of all the bankruptcys but now we just got denied from a repo dear... show more mine is a 760 but i do not work at the time. i just had a baby 7 wks ago and have a 19 month old. we can handle our bills fine and now rent so we figured why not try to buy. we can totally afford a mortgage of 700 a month which is out there b/c of all the bankruptcys but now we just got denied from a repo dear hubby had 3 yrs ago. the bank said pay it off and then they might consider us.
if one bank denies us will all banks deny us?
and isnt there a such thing as really 0 money down?
he was saying oh then we'd have to at least have 2k bc of closing costs and so on.
thnks.
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