Tina,

There is a lot of information that would be needed to determine if you qualify to buy a home. For example, a lender would need to know your employment history, credit history, income, etc. However when considering a mortgage lender, there is much more to think about than just the current mortgage rate. First and foremost, finding a reputable lender that you can trust should be your highest priority. In all probability, a mortgage loan is the biggest investment you’ll ever undertake. You shouldn’t just trust anyone with that responsibility.

Find a mortgage lender who you are comfortable with, then proceed with purchasing your home. If you haven't already found a home, you should consider getting pre-approved first. A pre-approval includes the verification of employment, credit history, down payment, etc. Once this information is validated, the mortgage application is submitted to a credit officer (underwriter) to make a final decision. Once approved by an underwriter, a pre-approval certificate (commitment to lend) is issued. This commitment to lend allows for borrowers to close very quickly once a home is found. When a borrower has a commitment from a lender, it can drastically improve the negotiation of a sales price with a seller since it is as close as a borrower can get to actually having the cash in hand to pay for a home.

I hope this information helps. Best of luck!

Regards,
Total Mortgage Services

Hi Tina,

It would be my pleasure to help you pre-qualified or pre-approved.

Please visit the link below.

Jacob
408-505-5797
http://bestcaloans.com

You will have to speak to a mortgage lender and provide them with some information about your finances. You can do this without any costs or obligation.

Anyone can qualify to buy a home as long as you have stable, verifiable income, likely to continue. FHA loans are granted from a common sense approach to lending rather than a credit score driven approach. So if you have made your bills on time for the last 12 months and have at least 3.5% down payment of the purchase price, then there is a good chance you can qualify for a FHA home loan.

http://www.fhamortgagefhaloan.com/

Not sure. Call a local broker and have them pre-qualify you. Call a Realtor and ask who they recommend.