Getting a mortgage isn't as easy as it was 3 years ago. Back then if you had a pulse you got a loan. Now the guidelines have tighten up.
However if you have good credit, verifiable income and a down payment you would have little difficulty in getting a new loan. And the down payment could be as little as 5% of the purchase price. The bank wants to see that you have some scratch in the game.
We have gone back to more sensible lending requirements. When your credit score is under 600 that is usually a red flag to other problems with the potential borrower. And making sure that the borrower has a job and income that can be verified is just common sense.
If you are looking for a home or just want to see if you're qualified go to www.clarionloans.net and I can help you through the process.