Qualifying for a mortgage loan can be hard to do if you do not have a lot of money for a down payment or even the best credit report. The best type of loan for you would be a FHA Loan. There are fewer restrictions for a FHA Loan Qualification as opposed to a standard mortgage loan.
Here is a list of the FHA Loan Qualifications:
These are just a few of the FHA Loan Qualifications to qualify for a FHA Loan. FHA Loans are the easiest to qualify for and can be used to remodel your house. The loan is actually obtained through a private lender but it is backed by the FHA to be repaid. This allows for more people who less than stellar credit or little money to purchase their first house.