i would like to own my own home but my husband has cancer and draws ssi and i had to quit my job to care for him hoping to get to go back to work in may i cant get anyone to fill out an FHA loan or a hud loan i have tried again and again any ideas i live in a place where i pay 400 a month and live in tennessee with 1 child
2007-02-17 16:51:41 · 3 answers · asked by mountainchowpurple 4 in Business & Finance ➔ Renting & Real Estate
i live in warren county tennessee thats all i owe is rent phone bill and truck insurance.cant afford a down payment now is my problem we only have 623.00 a month to live on
2007-02-17 18:02:44 · update #1
There is good news and bad news with your situation. You may qualify for a FHA loan. The good news is we can up your income by 125%, the bad news is FHA does not allow high debt to income ratios. So depending on other payments that you may have, you may qualify. I can do FHA loans in parts of tn. What part are you in? Send me an e-mail and let me see if I can help you, if I can't I can answer any questions you may have. Hope this helps
2007-02-17 17:56:46 · answer #1 · answered by Dwayne S 2 · 0⤊ 0⤋
2
2016-09-09 20:13:44 · answer #2 · answered by ? 3 · 0⤊ 0⤋
I am sorry to hear of your misfortunes.
I do not have an answer for you, but I wish you the best of luck.
2007-02-18 02:31:38 · answer #3 · answered by frankie b 5 · 0⤊ 0⤋