can i qualify for a mortgage

[Anonymous]

want to put only 3.5% downpayment. $350000 purchase price on a home. eq.687/tu677/ex686 scores. one $32 collection item from a couple of years ago. front end ratio 19% total d/income at 28%. will have $10000 left in the bank after downpayment. Will I qualify for fha? are there any other mortgage options?

[Anonymous]

Check and see what the maximum FHA purchase is within your area first.

FHA loans are now requiring 620 mid scores so you are alright there.

Dont worry about that collection, probably wont blink twice. With your

current dti at 28%, that leaves you roughly 15% for a mortgage. I can't

tell you much more without knowing your income.