Property Q&A in Elmore>Question Details

Latondrea He…, Home Buyer in Wetumpka, AL

I am not on Hud, but i do at the moment have a low-income. Will I still be able to get the house?

Asked by Latondrea Hetherington, Wetumpka, AL Wed Jun 30, 2010

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Qualification to purchase a HUD home is done through a mortgage company just as if it were a home owned by a person. It will depend on whether or not you qualify for a loan with your current income. This particular home will qualify for a FHA loan, but only with repairs made to the home and that could be figured in the loan amount. The issue with this home will be finding a lender who will do a loan on a low amount such as this.
0 votes Thank Flag Link Thu Jul 1, 2010
I have a great Low income loan program I would like to talk to you about give me a call at 205-338-5555 and I would be glad to talk about your options
0 votes Thank Flag Link Wed Jun 30, 2010
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