Michelle,

Let's talk. I may be able to assist you. I am a Mortgage Banker and I also specialize in credit repair.

I don't charge anything for my services or my advice, although I've been told that I should:)

Here is a link for you to check out....actual results of some work that I've done. I only posted one page but there are more where that came from.

http://i246.photobucket.com/albums/gg102/tnoman/creditreport…

Please email me with any mortgage or credit related questions that you may have.

tino.muratore@gmail.com

Thanks,

Tino Muratore

FHA loans are very lenient. It just depends on your credit profile and income. I would talk to a loan officer about your situation.

FHA Info

http://getprequalified.com/article_list_mortgage_fha_financing.php

Best advice is to speak with a mortgage broker. If you do not have anyone you are working with and would like a good referral, please contact me off line at Gail@GailGladstone.com

It depends to a large extent on the combination of your credit and your price to equity ratio. With $50 K down, you are looking at a home valued in the $250K range for your optimum ratio, assuming that you also qualify for payments on a loan of $200K. You should talk to your bank's mortgage loan officer and a mortgage broker. The worst they can do is say no.