I would like to suggest several things that may help inform you and begin the home buying process for you.
http://www.hud.gov/buying/localbuying.cfm .....I would suggest finding a local homebuying program. You will learn about programs (many which require taking a homebuying course) available in your area. You will make contacts. You will learn some credit repair techniques. You will be showing you are serious.
I would check this site.....http://www.govbenefits.gov/govbenefits_en.portal ...as a veteran to see if you may be eligible for other benefits..
This is the Gov. site for all loans. Check out the Housing loans (VA/FHA/HUD/USDA) to see what is currently available and which ones might work for you.....http://www.govloans.gov/govloans_en.portal?_nfpb=true&_p
I would take advantage of the counseling services provided for free by the Gov. in order to show I was serious and to keep current with possible new assistance....http://www.hud.gov/offices/hsg/sfh/hcc/hcs.cfm
These are the beginning steps I would take while I learned as much as possible about the area I planned to buy in. You have time, make good use of it and you will be successful in getting a home.
Please remember that as recent events have proven, Getting a home may be made easy for you, but when it comes time for keeping the home? Well help is scarce! Keeping the home is always the hardest part...........
Good luck, Dunes
I would love to help you. There are a few homes you can afford at that price but i can help you find them.
Check this link and it should take you to an updated map for Hillsboro with all of the homes from $0 to $180K for sale and this map will be updated every time you go there.
Crystal your dream of home ownership is a great one and I would love to help you make this happen.
Re/Max Hall of Fame
Re/Max Metro Gold
If you would, please contact me sometime because I would like to review your file and see where you stand. Right now, most lenders are at at least a 580 credit score for any government loan - some are even at 620 and above.
I can do a VA loan down to a 550 credit score, but not 500. However, I would like to look at your derogatory items/collections and try and advise you of the best way to help boost your credit score at least so that credit score is no longer the issue preventing you from qualifying.
Feel free to contact me anytime.
Apply Online: flagstarloans.com/lallison