Did you mean total purchase price of $56,000 and you will be putting some money down and mortgaging the rest?
My guess is if you are qualified for a loan, (based on income, debt, prior credit history, savings and downpayment amount) no matter what price you are purchasing at, there should be some mortgage program that fit's your financial needs.
Have you contacted ANY mortgage brokers or banks to see if you qualify for a loan at all?
I suggest you do that immediately. FHA loans have low down payment requirements (3.5% minimum) but there may be other programs that meet your needs.