would a credit union approve a bad credit mortgage to someone with a foreclosure 4 almost 5 yearsMe and my spouse was a product of sub prime mortgage crisis and have learned from our mistake. We wish to buy a home below our financial means. The home we are looking at is a $26,000 Fannie Mae foreclosure we plan on putting $6,000 to $8,500 down. The house is worth $50,000. We have $10,000 saved up but I want to with old some for closing. Do we have a snow balls chance?March 30 2012 - Watertown00YesReport 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.