30 day lock, FHA loan, 6.25%
FHA loans have changed. Their guidelines are not as gruesome as you might think. Realtors and buyers if you are having trouble qualifying on a conventional loan. You might consider asking your loan officer if this loan can be done FHA. If they say "no"...make sure they are certified to do an FHA loan. Not all lenders and bankers are approved to do FHA loans. Often when that is the case, they want to take the loan "alt-A", etc. and it could merely be that they don't want to lose your business b/c they cannot do the FHA loan.