You will want to discuss FHA loans with your Realtor and a lender. There are specific requirements for FHA loans. If you are getting a loan to purchase the home, then you will want to seek out lender owned homes and your Realtor can help you find these.... more
If you stayed in the same field (nursing) and moved there is sometimes no wait at all, your first step should be to meet with a local and trusted mortgage broker, they can prequailify you at no cost, they will look at your credit plus your financials and let you know if there are any mortgages that you may quailify for.
Margie, Sounds like you are well under way... the first steps are now taken in order to make your home purchase by contacting a loan officer and being pre-approved.!!! Great first steps!!! So whats next is we would target the home that you are looking for. Tolleson Farms is an area I am extremely familiar with and can certainly help you find what you are looking for. I noticed your loan approval is for a 203K, this is an interesting loan product as it is designed for a home that needs extensive repairs. Are you looking for a home that needs fix up? If so I can help, I have a few in the area that are real bargains if you are looking to do some repairs via the loan. It would be very good to know what some of the main criteria is that you need in a home and also what things want. Scott Nash-Citilife Real Estate... more
Consider working with an agent of your own, he/she can provide you with any necessary information and additionally, he/she can confirm if the property is in foreclosure, or not ; you can try knocking on the door, but for any legal advice needed, do consult with an attorney.... more