I work for the Los Angeles Teachers Mortgage Assistance Program. We are the exclusive homeownership provider for LAUSD. There are some loan programs that will allow, for instance, one person's income out of a 2 income household to qualify for the program, yet still have two incomes used to qualify for the loan amount...if that makes sense. I suggest you look at our site http://www.latmap.org and attend one of our next orientations at the Beaudry building.
Let me know what areas you're considering and we'll take it from there.
Keller Williams Realty
4644 Admiralty Way, Marina Del Rey, CA 90292
T 310-991-4263 / F 310-861-0207
My experience with these type of programs (first time buyers, teachers, policemen) is that you can nearly always get a better loan with a mortgage broker than with these programs. They are often very restrictive & are not always the best rates. Have you met with a mortgage lender who has evaluated your situation & offered you different products.? If you haven't, that is what you need to do. If you don't have someone you trust, I would be happy to provide a few good referrals.