Posted on: 06th Apr, 2009 05:49 pm
I did have to file forclosure over 2 1/2 years ago. I have paid off alot of my debt, and would like to know if I would be able to get a home loan. Our rent is at 1050.00 per month and feel that I could afford a house payment.
Hi, ok how is your credit score? how much money do you make a month? How is your debt to income ratio is it under 30-35%? There are conventional loans at a min of 720 fico score and fha loan at a min score of 620. A little more information can help asses your situation.