Ouch. Those rates are high. Are you going for a new house or used house? A lot of times on a new house the builder will be able to offer cheaper financing. Is the area you live in growing? That also would affect how badly people want to sell the house and how much they will work with you. I was able to get my loan for 5.31% a few months ago with no down payment. This was in Texas with a first time home owner loan. As long as your credit is good it shouldn’t matter that you are a sub as long as you can show consistency in your pay.
This is CABL.com posting #154953. Tiny Link: cabl.co/mOtp