You need the following qualify for a loan:
a) 2 years employment
b) 620 credit score or better
c) 3.5% as down payment
d) 2 years of bank statements or tax returns
NOTE: Your mortgage payment, interest rates are based on personal info confirmed by mortgage broker.
Area you specified great little area I was over there several weeks ago enjoying an evening out with friends.
Direct Link assist in home search:
CONTACT OUR OFFICE TODAY
Lynn A. Crosby ~ National Featured Realtor
"...Specializing in Residential, Commercial Properties and Loans..."
Dallas Realtor, and Credit Repair Consultant -
The Michael Group - "Dallas Business Journal 07â€™ & 08' list top realtors"
Dallas Loan Officer -
Dallas Real Estate Office: (972) 699-9111
Dallas Real Estate Website: http://www.lynn911.com 60,000 listings Dallas homes for sale
I have linked you to a free book about credit. If you read it, I will offer you a free one-on-one credit consultation. I can coach you into a better credit picture for a mortgage down the road.
Please feel free to follow up with questions.
As my collegues have suggested, you need to talk to a lender first to establish if you can qualify for a home and how much home you qualify for, If your credit is not where it needs to be at this time the lender can tell you exactly what you need to do to get it there and time frame for accomplishing it.
I work with a lot of first tme home buyers and would welcome the opportunity to guide you through the home buying process.
The Harrison Group