Zillow Advice: FHA and VA Loans - FHA Loan? http://www.zillow.com/advice-thread/FHA-Loan/509179/ Zillow Advice | Zillow Real Estate Did you find a home? Will ... http://www.zillow.com/advice-thread/FHA-Loan/509179/ Did you find a home? Will your aunt live with you? Regarrds, Fri, 30 Aug 2013 05:54:00 GMT http://www.zillow.com/advice-thread/FHA-Loan/509179/ 2013-08-30T05:54:00Z In regards to your husbands ... http://www.zillow.com/advice-thread/FHA-Loan/509179/ <p>In regards to your husbands employment a written explanation would suffice because he would fall under an individual who rejoined the workforce after an extended absence; this case care for children.&nbsp;<br/><br/>No reason&nbsp;to be nervous.&nbsp;<br/></p> Thu, 29 Aug 2013 19:02:00 GMT http://www.zillow.com/advice-thread/FHA-Loan/509179/ 2013-08-29T19:02:00Z He stayed home with the ... http://www.zillow.com/advice-thread/FHA-Loan/509179/ He stayed home with the kids.<br/> Thu, 29 Aug 2013 18:54:00 GMT http://www.zillow.com/advice-thread/FHA-Loan/509179/ 2013-08-29T18:54:00Z Thank you. &nbsp;I have actually ... http://www.zillow.com/advice-thread/FHA-Loan/509179/ Thank you. &nbsp;I have actually spoke with two brokers,one who needs me to get to 640 and was willing to use his income. &nbsp;The other pre-approved us with both incomes under 640 with a super high rate. I guess I was looking for feedback to see if I actually could obtain a loan. &nbsp;Because with the two brokers I have been in touch with Im a little nervous because we speak go over every detail and then questions arise that they already answered and it makes me super nervous. For ex: no your old debt doesnt have to be repaid, then yesterday have you done anything with this old debt. &nbsp;When I say no because you told me I didnt then the response is its not required we will just have to play up other positive factors. <br/><br/>your response was appreciated and is totally opposite from what they have said. &nbsp;<br/><br/>I really appreciate your response. &nbsp;:)&nbsp; Thu, 29 Aug 2013 18:43:00 GMT http://www.zillow.com/advice-thread/FHA-Loan/509179/ 2013-08-29T18:43:00Z Hello,Thank you, for your ... http://www.zillow.com/advice-thread/FHA-Loan/509179/ <p>Hello,<br/><br/>Thank you, for your questions that you posted here on Zillow.&nbsp; You would really want to discuss these options with a loan officer over the phone or in person.&nbsp;<br/><br/>We can only give an opinion here but there may be something that you are missing.&nbsp; You do not need to pull credit right away, just a "what if" scenario with someone to see what they think and then go for a pre-approval.<br/><br/>Simple process just to find out the reality of your situation.<br/><br/>Your husband, did he go to school or did he care for your children, family members?</p> Thu, 29 Aug 2013 18:43:00 GMT http://www.zillow.com/advice-thread/FHA-Loan/509179/ 2013-08-29T18:43:00Z Meet/ talk &nbsp;with a loan ... http://www.zillow.com/advice-thread/FHA-Loan/509179/ Meet/ talk &nbsp;with a loan officer to get pre approved and to ask these questions Thu, 29 Aug 2013 18:27:00 GMT http://www.zillow.com/advice-thread/FHA-Loan/509179/ 2013-08-29T18:27:00Z You probably will have to ... http://www.zillow.com/advice-thread/FHA-Loan/509179/ You probably will have to pay off the collections.&nbsp; Your best bet would be to run through an application with a loan originator to find out for sure.&nbsp; Your credit scores are good enough, but your debt-to-income ratio will need to be looked at as well.&nbsp; His income wouldn't be able to be considered because of the long gap and that he can't show a recent 2 year work history.&nbsp; You would need to qualify with your income alone.&nbsp; Feel free to contact me through my profile.&nbsp; Good luck! Thu, 29 Aug 2013 18:25:00 GMT http://www.zillow.com/advice-thread/FHA-Loan/509179/ 2013-08-29T18:25:00Z