Contact David Quinones from Flagstar Bank he just approved one of my clients with no credit and a couple collection accounts for a mortgage. The clients did not think they could qualify for a Mortgage because of the collection accounts but they did and they are now under contract to buy their dream home. http://www.flagstarloans.com/dquinones or http://www.askDQ.com you can also get just listed homes in your area by visiting http://www.NorthJerseyHouse.com Feel free to call me with any questions you may have. Elizabeth Garcia Broker/Manager/CDPE Coldwell Banker
I have extensive knowledge about credit profile improvement techniques. I am not a credit repair guy, I am a mortgage pro who has had more than 10 years experience dealing with this type of scenario. I can definitely discuss your scenario and provide you with some feedback on what you need to do to get you in your 2 family house from both a credit and financial requirement standpoint. If you click my picture you will be brought to my profile where you can then click on my blog. My two most recent big entries are regarding credit issues and how to fix them. I also posted a very lengthily first time homebuyer guide if you back to my first blog post. Some of the stuff in there is dated like the tax credit, but the majority of the info should help you feel more comfortable as to what to expect during the home buying process.
Email me to set up a time to talk if you would like me to give you a hand.
you may qualify for a home loan. If you don't qualify now then the lender can best advise you on ways to improve your credit so you may qualify at a later date.