Good morning, the first step would be to talk to a trusted local lender or mortgage company. They will be best equipped to assess your ability to finance a home. Some of the items you will need to have ready for them are 1) W-2's for the past two years ( or complete tax returns if self-employed) 2) Most recent pay stubs covering last 30 days 3) Last 2 months bank statements of all checking, savings and asset accounts 4) Names, addresses & account numbers of all creditors. Having these items ready when you meet with a lender will speed up the process of determining your eligibility. Good luck and if you have any further questions, you can contact our office 515-232-5700. K'Lynn Lynn, Buyer Specialist, Tom Randall Real Estate Team, Ames, IA. Licensed in Iowa.