What steps should we take to get approved for a mortgage?

My husband and I make about 42,000 a year. He is currently enrolled in school, so our income is low, because it focuses on his studies so that one day we can make more money. Our credit scores are mid 600 is due to high debt to income ratio. We are not late payments or anything. We would like to buy a house soon, and we know our income and credit, we can not get much. We are not looking for a huge house. We’re just looking for something near $ 100,000 (max). Are we arrive? What steps can we do to achieve this goal? In addition, it would be a bad wrap in our debt to our mortgage if we do not qualify? Thank you! 🙂

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