Interesting question. I don't think the real answer will be as positive as the other answerers. If your credit score is under 620, you will have almost no chance of getting a loan--even with a 15-25% down payment. Let me know if I am wrong, but my guess is you will be renting until your credit score exceeds 620 and your income is from more traditional sources.
If you'd like to discuss your loan options and have me explain how to gross up your income and what amount you qualify for, feel free to call me at 1-800-801-6080 or email firstname.lastname@example.org
We lend all over Florida.
Faith Home Loans, Inc
http://www.faithhomeloans.com/express.html - GET PRE-APPROVED
SSD is a fixed installment income, meaning it will arrive for sure every months at the same time.
To a lender that is GOLD. In a sense you are a safer borrower that someone with regular work income.
Charles Ruteneberg Realty
Florida Mortgage Coach
it should be possible with SSD to purchase a property even a foreclosure. The bets option you have is to speak with a mortgage banker so they can determine your income to debt ratios and see how much you may be able to qualify for.
If you need a referral to a mortgage banker please let me know and i will be happy to provide their contact information. Please contact me directly.
Best of Luck
Coral shores Realty
954-240-3940 or email@example.com