The first thing you should do is contact The Neighborhood Assistance Corporation of America ("NACA"): https://www.naca.com/nacaweb/index_main.aspx?language=un. NACA is a non-profit, community advocacy and home ownership organization whose goal is to build strong, healthy neighborhoods in urban and rural areas nationwide through affordable home ownership.
They have the LOWEST MORTGAGE INTEREST RATE IN THE MARKET, DO NOT REQUIRE A DOWN-PAYMENT OR CLOSING COSTS!!! Be careful about other posts from bankers and realtors, for there answers are based on personal interest rather than YOUR INTEREST.
BY THE WAY, IF YOU USE NACA and are saving down payment monies, you can apply those monies to the NACA mortgage and thus lower your mortgage rate. For instance, if the current NACA mortgage rate is 3.5% and you can lower the rate by using the down payment.
Your credit score is not the tool they use in determining mortgage eligibility!!! Rather, they look at up to date payment history for rent, car or other debts and work with the potential home owner. The local NACA office is on Delaware Avenue and they have home ownership work shops on a weekly basis. Please go to the page, I listed above, and you can read more about this wonderful organization yourself!! My mortgage rate in a little over 3%, plus they did not charge me Private Mortgage Insurance (PMI), which can easily ad an additional $100 or more, per month, to your mortgage cost. You can contact the local NACA office at 716-834-6222