first time home buyer – owner loan

June 22, 2009

What kind of loan can I get as a first time home buyer?

Out Snooped asked:


I am looking to purchase a bank owned home and I live in California. I have a credit score of 650 and I make about 40,000 a yr. I am looking to purchase a home but I am not sure what kind of loan is available to me as a first time home buyer. I have heard about alot of loans available but I’m not sure which ones are the most suitable for me. I am also not sure which lender or mortgage company to go with? Any ideas would help!

Nellie

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