I am crushed right now, and I couldn't post this last night when I found out because I was so upset and heartbroken over it.We won't be able to get the house this year. FHA changed their guidelines on July 15th, and because of it, FI and I only qualify now for $60k- far too less to get the house. Basically, the rule used to be they took into account if you were working 40 hours a week for school, which he used to work 35 hours during the last few semesters while going to school. Now, they don't take that into account, and they say you have to have worked 40 hours for the past 2 straight years, or you don't qualify by yourself. If he had someone to cosign with him, it would be okay, but there's no one to do that, unfortunately. I am so pissed off and devastated. I am pissed that the FHA thinks to just change the rules without any notice to anyone, including our mortgage agent- we are doing it now on more money than it would cost for the mortgage on the house, how do they think we do it now? I am pissed that the mortgage guy waited 2 weeks to tell us- we could have cancelled the home inspection and saved $600, but he didn't tell us. I am pissed at the government- they put out that rebate, and then do sh!t like this, how do they expect anyone to jump through the hoops to own their first home, there's too many! Brian talked to a couple attorneys who do real estate, and they said that because of this, they are expecting an additional downward slope in the market- they say that FHA/government was plain stupid to put this into place. I am pissed that they did it right in the middle, without any thought to those who are buying a home- at least make an announcement that you are changing the rules before you do it!Overall, I am such so heartbroken, as is FI. We already terminated our lease, based on the mortgage broker and realtor's suggestion. I guess it's onto looking for another apartment- one we can afford and that's in a good area. Any suggestions? We can do $750-800 a month.