Hi Leopardess

No direct lender (Bank of America, Wells Fargo, Chase, ect) will fund you. Their automated system will reject your application. There are mortgage brokers that can possibly find a program that will approve you.

If approved for a mortgage, expect to pay a higher interest rate.

Leopardess, can you give us an update on your search for a mortgage?


Jes Sierra, B.Sc. Realtor® http://www.hellomynameisjes.com

You may want to try a non-profit organization program http://www.naca.com.
Their guidelines are very different then a conventional lender.
It takes a little longer to get approved, but it is worth it.

In this market you will need a minimum 620 score for an FHA with 3.5% down. Also,after a foreclosure,you must wait 5-7 years to purchase again. your best option would be to look for some kind of owner financing. A local agent can help you with this.