NACA - Has anyone RECENTLY had any success in obtaining a mortgage with NACA?
I've done some research on NACA, and am really curious about the program. Has anyone recently had any success in obtaining a mortgage through NACA? If so, could you tell me a little bit about your...
View ArticleHELOC Qualifying
I was hoping to get some advice. My wife and I want to get a HELOC My scores are 615,622 and 664. My wife's scores are all in the high 700's New York LTV under 33% With my income DTI is under 30%,...
View ArticleVA What are the odds?
What are the odds? I want to go VA. - 2 30 day lates - October of last year, last month (now current) --- forgot to pay both- Currently 519 mid, working to get above 620 (580 is prob more realistic)....
View ArticleNerve Wracking!
If we make it through this process, they will have to drag my cold dead body out of the house!This is such a stressful and nerve wracking process, that I don't think I will ever do it again! Items...
View ArticleClear to close
Got those words today!!!! Other than a delay in appraisal process was so smooth! Closing Friday at 1030 😳Doesn't seem real and will not believe till the keys in my hand!! Couldn't have done it without...
View Articleupdates to mortgage scores??
So about a month ago I bought the monthly plan through myfico(29.95 a month I think) just because I wanted to be able to track my mortgage scores(which are like 90 pts less than my main fico scores...
View Articleworking my ass off to get my credit up for a mortgage but running into some...
So my mortgage lender is going above and beyond to get my credit up so that we can use my income for our mortgage. She spoke to someone at the credit bureau and they went through each of my old debts...
View ArticleCan we get approved?
My Fiancé and I want to buy a house. As I am a student with zero income right now, it would only be in her name. Credit score 650. She worked insurance part time (was in school) until last fall when...
View ArticleHome Construction Timeline and Closing Funds
Well, we've made the leap and put earnest money down on a lot and plan for a new construction. Offer accepted and we're off to the "design studio" Friday morning to pick out all the trimmings. My...
View ArticleRejection isn't always bad
So we have been house hunting for the last week or so. We found a great house the other day and submitted an offer. I was pretty surprised when the seller not only rejected the offer flat, but also...
View ArticleAggregate Utilization Scoring
Hi all-Question about getting scores up for mortgage approval.I am laying down CC usage and now sit at 24% aggregate. I haven't seen any significant increase in points yet below the 30% I'm told is...
View ArticleHome Equity Loan-With High DTI
I am looking for a lender that will allow me to take out a home equity loan against my home. I am looking to pay off a majority of my credit card bills. Currently my DTI is around 48%. Based off the...
View ArticleVA or FHA mortgage in Hawaii with a 580 score?
Does anyone know a lender that will do a VA or FHA mortgage with a 580 score? I would like to know in advance if it is even possible. I would have 20% or so for down payment if not a VA or FHA. Looking...
View ArticleDenied on first loan application. Other options?
My husband recently applied at our credit union for a mortgage because we heard good things about it. He's the only one applying because my scores aren't great right now from high credit card...
View ArticleAm I qualied for mortgage loan?
Hi, To start with, I have absolutely zero knowledge regarding mortgage loan. I have looked it up myself of how to do auto loan before (and successfully bought a car with 1.99%, increased my score from...
View ArticleUPDATE: Mortgage Journey
Just needed some encouragement from you guys on my road to home ownership. We signed our purchase contract in February, and at the time of the application, my scores were 523EQ/547TU/564EX. I paid...
View Articlemy quicken loans mortgage experience/journey
I worked relentlessly to repair my credit to get approved for a mortgage. I have a bankruptcy and a few other post bankruptcy baddies. I was able to build up my score with a few credit cards. It was a...
View ArticleDU Approved but still nervous
Hello all. So I have been approved by the Fannie Mae DU underwriter but still have this one nervous thought. I am self-employed and $63,000 of my $78,000 income is in the form of a 1099-MISC. The rest...
View ArticlePre-approval - APR of 4.96% - high or not ?
We are looking to purchase our first house and are in the process of getting pre-approved. This will be a 30-year conventional loan. Maximum purchase price is $300,000 (hopefully less). Our down...
View ArticleVA Mortgage Residual Income
If you are over 45% DTI on a VA loan and need two compensating factors, does your ending Residual income need to be over 150% of the base residual income? Ex. I live in GA. The base residual income...
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