"I was maxed to the limit on all my credit cards, and could have lost my home. Thinking FIRST gave me the way to get out of debt, and rebuilt my credit."
A credit report tells loan history, amount of credit available, and employer history. It's the first step to completing your home loan.
The answer depends on your situation. Fixed rates offer long term commitment, while an adjustable rate provides a lower initial interest rate.
An FHA Loan is sponsored by the goverment to insure single family and multifamily homes. Requires very little cash investment and strict underwriting guidelines.