BEST ANSWER
FIRST ANSWER
Section 8 is a rental subsidy program..it is not intended to assist in home purchase. if you have a good income,2 year work history and sufficient funds to cover down payment,closing costs,taxes,insurance & home maintenance you need to contqct a reputable local mortgage broker to find out if you can qualify for a home loan. FHA will require a 3.5% down payment & not is FICO driven,but a conventional loan will require at least 20% down & good credit.
Tue Feb 17 2009, 07:02