Hello Mvtre48, the purchase in 95322 zip code start from 187k for 3bd 1ba single family home and up. Are you looking for foreclosures only and are you looking for a primary residence or an investment?
You will need to be pre-approved to be able to meet an agent to view and submit offers on any homes of your choice. You will need to gather some documentation for each applicant.
Your qualifications will be determined by your credit profile, debt to income ratios, fico scores, loan program and how much you want to invest into the down payment and closing costs. Your fico scores can be raised within 3-4 days in most cases to qualify for programs, rates and terms as necessary.
If you are buying a primary residence you could consider a down payment assistance program such as CalHFA or Sapphire Grant which can cover your down payment and closing costs. You may close with minimal out of pocket expenses. You may consider the CalHFA from a minimum 640 fico score and the Sapphire Grant from a minimum 620 fico score up to 424k.
You may qualify FHA from fico scores between 500-579 with 10% down or minimum 580 fico score may qualify FHA 3.5% down up to 424k. You may consider 3% down conventional from a minimum 620 fico score or even 5% down conventional with NO Mortgage insurance (Lender paid MI) up to 424k.
If you figure out what cities/zip codes you are considering, minimum number of bedrooms and the maximum payment/price you are looking to achieve any agent can email listings to fit your search criteria. Your email address is needed to set you up for the automatic daily updates.
Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
Veteran and VA/CalVet Loan Specialist
REO and Short Sale Specialist
Credit Repair At No Cost
ALL Loan Programs Available
24+ Years Experience
NMLS# 297251... more
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Are you currently working with an Agent? If so, your Agent will be able to pull more accurate listings directly from the MLS (Multiple Listing Service). Based on your desired property type, ammenities, location, and price range your Agent will be able to really narrow the selection down for you. If you have your Agent email you the properties, that will give you the opportunity to preview the pictures and then set a buyer appontment with your Agent to tour the properties that you found interesting. Good luck in your search for a new home!