I need some assistance please :)?
I want to buy a home (will be my first home). The price range I’m looking at is $ 90,000 – $ 100,000. I’m in the military and a single mom. As of now, my monthly rent payment is $ 715. Somehow I feel that I could be paying this amount on a mortgage. Is it possible? And what all do I need to obtain a mortgage? Oh and what if my credit isn’t perfect – could I still get a loan?… a reasonable one. And how much should my downpayment be?