Quote from @Kiernan LaFaver:
Welcome to the community! It seems like FHA might be a good route to go if possible or conventional if your credit and down payment. Lower down payment requirements but you have to live in the property for a year, no big deal if you plan on house hacking for FHA. Most lenders should be able to have both of these loan products. The FHA process is a little more stringent since it's federally backed. I'd recommend going with a local lender that you have a good relationship with as opposed to a large national company as they are likely to have better immediate customer service and are more likely to respond in a timely manner, which is important for your first loan. I've noticed that credit unions tend to have slightly better interest rates since they typically are not for profit whereas a normal bank or broker is. Happy to be a resource if needed!
I appreciate you reaching out and thanks for the welcome! I actually managed to get a quote for a conventional loan recently, just so happens that the only thing holding me back at this point was my job. I work 30-35 hours a week at an OK wage, which wasn't enough to qualify for the amount I would need to buy a property from where I am. I'm working on getting a better job and possibly a co-signer, though I may look into the FHA loan as well in the meantime. Thanks Again!
