There are a lot of people who have this question; Can I become a homebuyer even if I have had bad credit, and don’t have much for a down-payment?
Answer: You may be a good candidate for one of the federal mortgage programs. Start by contacting one of the HUD-funded housing counseling agencies that can help you sort through your options. Also, contact your local government to see if there are any local homebuying programs that might work for you. Look in the blue pages of your phone directory for your local office of housing and community development or, if you can’t find it, contact your mayor’s office or your county executive’s office. (source/article by U.S. Department of Housing & Urban Development)
CONTACT EXAMPLES: CITY OF RIPON, GAP Home Program/Down Payment Assistance for 1st Time Home buyer ph:(209) 599-2108.
CITY OF MODESTO, Home Buyer Assistance/American Dream Down Payment Initiative (ADDPI) ph: (209) 577-5311.
CITY OF CERES, 1st Time Home Buyer Assistance Program, ph: (209) 538-5756
Let the FHA Loans Help. click onto http://www.hud.gov/buying/loans.cfm
(article by U.S. Department of Housing & Urban Development)