The great news about the currently very low mortgage interest rates is that your payments will be quite low. In fact right now it can be cheaper to buy a home, in terms of your monthly payments, than you could find yourself paying in rent! We have helped three of our own tenants buy their first homes and they all ended up saving money.
Also, there are numerous low-down payment programs available which can reduce your down payment to as little as $500.
That being said, you still need to qualify. Loans are becoming more available, but there might be some strategizing required if you have poor, or little established credit. Everything depends, of course. and it's always a good idea to investigate your financing options first.
Any time you're interested, send us a call, email or text and we can discuss your situation in more detail.
Tony & Karen