Just a quick tip to those with low incomes attempting to purchase homes. All is not lost, there is help you might not be aware of. Most banks will "gross up" social security and disability income due to it being untaxed.
Let's say you make $2000 in social security/ disability, to the bank, you make $2500. This can make the difference in buying the house you don't want verses the house you do.
Now I know what you are thinking, what kind of house can I afford at $2500 a month. Well, there are programs for people that have low income that need housing. Some even give you money! Some lower your interest rate! Take a look! http://www.rurdev.usda.gov/ or http://www.hud.gov/offices/pih/programs/hcv/homeownership/
Brought to you by "me!"
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