Quote:
Originally Posted by PhillyChiefFan
You may not qualify for the 8k though. As I understand it you must not have owned a home for a certain amount of time, if memory serves me correctly it's 3 years. Check on that though, cause I'm not sure
USDA loans might be the way to go:
Check that site to see if the homes you are looking at are eligible. If they are, you don't need anything down for it (not that I recommend that, just going by what you want).
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RD (Rural Development) loans are just as competitive with FHA on rates and are not that hard to qualify for either. Usually a 620 mid score and again no recent history of derog credit. RD loans are generally available outside of metropolitan areas. For example, inside Tulsa city limits you would likely not qualify, but across the street from the city boundary you probably would,