FHA Mortgage Question New York

[Anonymous]

FHA Mortgage Question

I'm a first time home buyer my credit scores are Trans. 683, Exper. 666 and Equ. 653.

I had a bankruptcy and it will be four years this September.

I have had zero late payments in the last 12 months. My last late payment was January 2014.

The house price I want to purchase is $145,000 I have put a deposit of $17,700 and I still have $10,000 in the bank. My over all monthly payments are $932 a month and my annual salary is $75,000.

Can anyone help me getting approved for an FHA loan or do I not qualify....

[StartingOver10]

Do you credit reports show late payments after your bk discharge? If so, you will need to speak to your loan officer to see what compensating factors will overcome the reported lates. You are scrutinized much more heavily because you have lates after your bk. The extra down payment helps. See what else they need. Only your lo and u/w will know for sure.