You will have to wait for the home to be listed with an REO agent. Even if you were able to contact the asset manager, it would be fruitless as they rely on the REO agent to determine value prior to listing the home.
If it were me, I would attach a business card on the front door of the property with the request to have the agent call me.... more
Hi Dustin - Anna & Robert are right, you need to speak with a loan officer in order to actually qualify for an FHA loan, however you don't have to formally apply, you can just speak with them and discuss your situation, as long as you come in knowing about your situation. That means you need to know about:
1. your income (how much you make)
2. your assets (how much you have in savings, checking, retirement, etc.)
3. what your credit is like (credit scores, and if they aren't perfect, then what is on your credit that is bringing your scores down)
4. what your monthly consumer payments are (credit cards, student loans, car loans, etc. - this doesn't include cell phone, utilities, insurance, etc.)
5. a general idea of the price range you want to purchase in (use Trulia.com or contact a real estate agent to help you determine the price range)
If things sound good (to both you and the loan officer) after you talk, then that is a good sign you should take the next step and apply. Or perhaps there will be something that you need to work on, like credit, or saving up more of a down payment, etc. and then you would have a plan on what to work on, and then could apply once that plan has been carried out.
The rest of the pre-approval process should go like what I described in: http://www.trulia.com/blog/shanethemortgageman/2011/05/the_mortgage_pre-approval_process
Now about the (little) information you provided - having a job with the same employer for 5 years makes your employment stability a strong point in the lender's eyes, as FHA just requires a minimum of 2 years of employment history.
If you need help figuring things out, feel free to provide that information I went over above.... more