Well you might qualify for a FHA loan.. that only requires 3% down of the asking price.. and you also need to consider closing cost etc.. You are going to need $$ to put down either for down payment or cc... there is no way around it. You also need to check to see if you HAVE the credit to purchase... if yes the mortgage company is going to ask for 2 months worth of pay stubs, bank statements and 2 years W-2's... to get started. then you will fill out what is called a good faith estimate to tell you how much house you CAN buy and afford. They will take a look at your Net Income Ratio etc.. hope this helps some... |