A cure for premature homeownership

Mood of the Market

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If I could graph it, I could show that my receipt of questions like the following has increased steadily and proportionally as a function of the disappearance of subprime mortgages: I really would like to purchase a home within the next six months. I have a poor credit score because I was laid off work for quite some time with adversities (e.g., repossession, credit collection, defaulted student loans, etc.). Do you honestly know of a mortgage that would assist me in improving my score while trying to qualify for a decent mortgage? And: I just graduated from college, but have no income other than a weekly child support check I receive from my ex, totaling $400 per month. Are there any programs you know of that can help me buy a home? So, here's the deal, folks -- as is my wont, I have a short answer and a long answer. The short answer is no -- if you have no job, or haven't been steadily employed for the last year, you have "poor" credit, and you have no financi...