The MCC Program might be your solution. Ask your lender if they offer this. If not, call me.
The MCC program is a tax credit from the IRS for home buyers who have not owned a home in last 3 years.Lenders can use this tax credit to help you qualify for a little more than you normally would be qualified for.
This program is used on conjunction with Conventional, FHA, VA, and USDA loans.
Vino Alonzo, Loan Officer
First Cal Mortgage