Mortgage broker is professional who qualifies all buyers home purchase. Difficult to make a comment till loan officer reviews your financial records, credit score, debt ratio. If you scores are low with no downpayment you might be turned down for application till your credit is repaired.

Alan your first step should be to meet with a local and trusted mortgage broker. they will be able to prequailfy you at no cost. They should be able to tell you what programs you do quailify for. You will need to call the broker whose sign is in front of the home, the listing as the posting here from realty trac is not a listing but a notice that the home was foreclosed on and taken back by the bank. your best bet is to get a buyer broker who can assist you with your purchase, that way you have someone looking out for you. good luck with your purchase.