Tera Bloecher -901-282-7484, they can set you straight and give you the advice and personal assistence you need, sounds like you are really on the right track now !!
The buys are out there !!- sounds like the $8000.00 credit , which is OVER in DECENBER , 09!
could apply to you, plus some of the home owners will help with the closing costs of a purchase. Call, email or text me and I will help you , send you emails of homes in your price range and area !
Have fun hunting !!
You should be fine. You perfectly fit requirements for an FHA loan and culd just as easilly qualify for USDA financing granted you purchase a property fitting the USDA requirements. Anticipate a loan of approx $225 - $250k with a 3.5% down payment requirement for FHA or no down payment requirement for USDA.
If you have any questions, you are welcome to contact me.
Bank of America Home Loans
Please feel free to give me a call at 901-833-3844 or send me an email at firstname.lastname@example.org and I would be more than happy to answer any questions you may have or provide references.
Now it's 8 years later and things have changed.
I'd love for you to call us at 901-672-2413. We are approved to offer the THDA down payment assistance program, as well as the USDA no money down program. Add to that your $8000 first-time buyer tax credit, and you can easily see why you should definitely look into buying a home.
Again, please give us a call. We love first-time homebuyers.