buy our first home.
Hello,It sounds like it can be done FHA. The pay wont be a major issue. Looks like around 3.5% down and about 5.125% interest rate. Let me know if you have any other questions.ThanksTim SimpsonLincoln Mortgage877-729-6662

i got the aproval in the mail for a va loan, from the va. what's next?
Hello, The next step would be to get credit approved. Let me know if I can help you out with that.

HELLO
Hello

If i get a usda loan am i eligible for a second mortgage on the property?
Yes once the loan is closed you can get a second just not in the initial transaction.. Tim Simpson

judgement on credit report
Normally how that works is you can proceed with the Mortgage and get thru Underwriting, but they will need to see that paid off prior to drawing docs to close. So depending on how long it takes to close the Mortgage it could be 3 to 6 weeks on average. I hope this helps..

Bad credit
It depends on which lender. We offer down to a 580 credit score. If interested give us a call.. Alcova Mortgage 301-729-3293