Have you considered a FHA home loan?
FHA loan guidelines are more flexible, helping families with limited income, low down payments, or less than perfect credit to finance a home.
Features:
- Lower cash to close than most conventional loans require
- Closing costs and fees can often be included in the loan
- Gifts from family members permitted for closing costs and down payments
- Sellers can contribute up to 6% of the buyer’s closing costs and prepaids