The FHA Government sponsored programs do not require the best credit to qualify for a home loan. Instead they weigh the decision more on your past ability to pay your rent, and other monthly bills on time.
FHA many times does not require you to pay off certain bad debts like medical bills. You should contact a well qualified loan officer at a Top Mortgage Company like Country Wide Home Loans. You will find once you begin to look for properties that most bank owned homes are owned or managed by Country Wide Bank so they will require you to get a pre-qualified letter from Country Wide Bank before they even will review your offer.
It saves my Buyers time and energy to have at least one of their prequalification letters from this bank to avoid delays when you have found the perfect property and need to get an offer submitted quickly, as many of the better properties are in multiple offer situations. If you are not completely prepared before you head out shopping you will get frustrated when you lose your bid for a home to other pre-qualified Buyers that have this done already and their offer was submitted before yours.
I suggest you call Aaron Gordon at Country Wide Home Loans at #(702) 283-2333, he is a well qualified, professional and honest mortgage lender. He can get you prequalified with just one simple phone call usually.
I see that you included your phone number here, and you will get many phone calls from other agents looking to earn you business, but I suggest that you take the time to research the agents you are considering and require them to have references available to you.
Please visit my Website at http://WWW.DulcieCrawford.com and click on my Raving Clients page to see many of my recently satisfied clients. You can't get better service than from an individual that has valid testimonies from previous clients.
Please feel free to contact me anytime on my direct mobile or at the office
The Dulcie Crawford Group
Realty One Group
9089 S. Pecos Road. St # 3400
Henderson NV 89074
Office# (702) 588-6842
Fax # (702) 447-2800 DIAL AREA CODE