What would be the best type of loan for us?

Answers:0   |   LastUpdateAt:2012-10-14 01:05:43  

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ilovepink
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Filing Chapter 7 bankruptcy for nearly three years (since high at the time) and our house was included in that, however , the mortgage company just started in February foreclosure even though the house is listed in our bankruptcy discharged . We would buy again and believe it or not , in the Midwest can find decent homes for $ 40,000 or less! Combined monthly income is approximately (gross ) . $ 6000 . We have cash of $ 12,000 to put down and have maintained good credit since the bankruptcy credit scores ( 720 and 680 .... no other debt of a car loan for $ 10,000 and I have student loans that still in the postponement . ) Any advice on what type of mortgage you should. Go after ? I looked at home last $ 23,000 that I would buy ! PS I do not want anyone to tell me you can not get a mortgage for an amount as small as you can ! ! this is not California - ie inexpensive housing in the Midwest
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