First time advice....Hi guys and gals,I have been researching FHA loans and purchasing a home for a few months so I know a little bit about how things work (very little, probably).I am interested in purchasing a forclosed home with an FHA loan in about 6 months when my current apartment lease is up.I have used many calculators to see how much home I can afford, and most of them say, around the $150k range.I make $43k per year, no debt (car/credit card, etc).By the time my lease is up, I will have about $6k put away for a down payment.My question is: Is this enough for me to get qualified for an FHA loan and purchase a (roughly) $150k house?This is what all of the calculators tell me, but I guess I just want some "human" reassurance before I waste anyone else's time. I heard buying a forclosed home is rough, you get rejected/better offers are put up, etc… Even if I do get approved, do I stand a chance in the forclosure market with my down payment?Just thought I would ask some professionals before continuing…Any feedback is appreciated.Thanks! December 13 2013 - Los Angeles00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.