My sister is getting older now (22) and she is considering purchasing a home. She had gone to talk to her banker about FHA loans and whether or not she would qualify.
Sadly, they didn’t have much good news for her. You see, she had an incident in her past where she missed some payments on a loan because she was hospitalized, and so she has a blemish on her credit history.
But I told her that I was referred to a loan website by the realtor at the local real estate place here in town.
Now, all she has to do is wait. The realtor that I talked to assured me that pretty much no one was rejected – so she should have a pretty good chance of getting the mortgage. Now, all she has to do is find something in her budget – that will be another challenge altogether.