Christina:
Thank you sooo much for the inquiry. Your best bet is an FHA loan. The credit score is 620. Please keep in mind that we pull all 3 credit reporting bureaus(Transunion, Experian, and Equifax) and that the high and low scores are thrown-out leaving what we term is the mid-score. When I pull your credit, I will email you a copy and then go over it with you and help you understand it and the ways to make it improve over a period of time. I do not charge you for this service nor anyother service in advance of when we close on the loan. For first time homebuyer's I try to spend a minimum of 1 1/2 hours with them so that they can understand what the whole process entails.
If you are not aware, the tax credit has been extended.
I will send you some good links to learn about the tax credit, and some other pertinent sites that you might find helpful. You can also go to my website and learn a little about buying and financing a home. It is TimHunke.com
So please forward me your email address.
Regards,
Tim - Wed Nov 11 2009, 16:07