[D.F.]

Im 21, a bartender and make approx 25,000 to 30,000 a year. Ive had established credit for a few years now. I have an apartment for 7 months now, and all the utilities in my name and never even been close to being late on anything. What are the chances of me getting approved for a home loan, and if so how much do you think I could get?

[amada_rose]

As long as you have a steady income you should be able to be approved for a loan. Maybe only 80-90,000 though, which is plenty to get a foreclosed home. Just give it a try. I would suggest using a bank that you have established credit with.

[ShanetheMortgageMan]

Do you claim all the $25-30k/year on your taxes?
What is the sales price range of homes in the area you'd be looking at?
Do you have any other debt payments such as a car loan, student loans, credit cards, etc.? If so what are the minimum payments.

All of that info will help determine if you can buy a home right now or not.

[rainelli]

why not but if you wish to retrieved your foreclosure I suggest to try loan modification,this may help you lessen your debts.

[kimsmith07]

Chances to getting approved for a home loan is very high, which paper you need for this you contact with a loan officer and apply it.