Hey Jackson Family
Its important that the information you gather is correct. The wrong answer can be discouraging or confusing and lead you off in the wrong direction. So I have some advise if I may. I have seen literally hundreds of times a good loan officer who knows credit requirements suggest simple and quick challanges to the credit agencies and the credit requirment changes quickly to an acceptable rate. Your first step should be to find an experienced ethical loan officer who offers all of the loan types including first time buyer loans and assistance in your state if you are a first time buyer. Which someone who has not owned their primary residence for three years.
Your first step is to locate and identify and ethical experienced loan officer. The know credit relative to home loans better than anyone.
To be successfull and leverage your potential the home buying process requires a specfic order of the steps you take and experienced ethical people to represent you. If you check out Your-Road-Home.com you will find a very specific and proven step by step process explained in a series of articles that are the writen version of a seminar for first time home buyers I delivered to over 25,000 people. The articles are numbered so you read them in the order of the steps that will lead you to your goal. Good Luck! And dont let anyone or anything discourage you. Owning your own home will change your life,for the better. Good Luck! Stephen Webber, Your-Road-Home.com