Will I get loan?
here's my situation as it stands and hoping to get approved for a loan.My tax returns for 2015 was an internship made about 18,500 then I applied for unemployment that gave me money and rolled onto...
View ArticleNew collections hit report! Help
Good Morning, We are trying to close on our FHA loan this coming week. Our lender pulled our report last week and we needed to fix some things (I had an open dispute listed) so they are going to do a...
View ArticleFHA Underwriting
Hello! We are currently trying to buy our first home. Looks like it is being submitted to underwriting Monday. Our loan officer and loan processor have done a ton of the paper work such as bank...
View Articlewhy did they only offer me a balloon mortgage?
Yesterday I went to see the bank for a mortgage loan on a house with an asking price of 59k. The score they pulled was 683. My DTI is under 25. My annual income is 28,600 before taxes. Using land...
View ArticleMortgage points - looking into the details a bit more
Hi, I'm in the process of signing escrow on my new house and have the decision point around interest rates and points. The basic details of the mortgage are:Purchase amount: $820,850Down payment: 20% =...
View ArticleApply now or wait 6 months? (Do I Qualify Conventional, FHA)
I pulled my 3 reports on myFico this weekend The Revolving/CC debt detailed below I can pay down to lower my over util to less than 10 percent with a bonus I will get in late June. I still have a Ch...
View ArticleNeed a Jumbo Loan in Texas, WITHOUT 20% Down
I'm in the market for a home in Texas. Relocating from MD/DC/VA area. My last loan purchase was over 12 years ago. We purchased our home witha 80/20 loan - dont remember the downpayment amount. Trying...
View ArticleFirst Home Purchase
I have never purchased a home before but my fiance and I are going to be purchasing one together and she owns our current home. Would we be able to take advantage of any first-time home buyer deals...
View ArticleHelp....a week from closing and re-aged collections?
I am scheduled to close 5/15. Everything has gone smoothly so far, but today I decided to log into credit karma and there are two new collection accounts on my report. I have never heard of, been...
View ArticleHow did you determine the lender you are using?
Just as the subject states... Did you get referred by a realtor? friend/co-worker?Did you use your bank? Did you base it on an ad you saw? I am just curious as there are literally hundreds of options...
View ArticleVA approval?
Hello everyone,I have learned a great deal from reading the various posts over the years. With the following information, what are my chances of being approved for a VA Mortgage? My Fico Mortgage...
View ArticleQuick question about mortgage loans.
My credit history isn't too bad right now, but in the past I had several delinquencies that recently came off my report.How far back do lenders look when checking a credit report? My report should be...
View ArticleChance/Guide me please!
Howdy folks.Been lurking around the MyFico forums for a long time. That changed about 2 months ago when I found that I received a huge bump on my credit report putting me into the 660 range. Since then...
View ArticleRates changing at closing?
I am a first time home buyer and have been pre approved for my mortgage, good for 90 days, rates not locked. Currently my 3 credit scores range from 665-688, but continue to improve regularly as I pay...
View ArticleVa loan pre-approval under 620
Hello- im currently sitting with a middle score in the 590's. My friend who is a mortgage loan officer said nothing can be done for me until I get a middle score of 620. I am not in a position right...
View ArticleBuying Forever Home (Time to Prepare)
Hi Guys,I am aware I am a little early, but I like to get the ball rolling as soon as possible to see where I am at. My wife and I are planning on buying our forever home at latest in 2019. I guess the...
View ArticleVA loans with low scores
Are there any lenders in Missouri that don't use fico scores or who accept in the 500s? I had some late payments after I retired, but have since started drawing my va disability and now have government...
View ArticleIf going USDA, Can different lender get a better deal?
Just curious, I know its no money down. Just wondering if we should go with realtor recommendation or if I can get a better deal shopping on my own. Thanks
View ArticleMortgage Payment
If you close on May26th, when do one has to make the first mortgage payment? June or July?
View Article"Seconday Logging" listed on credit report, related to mortgage lender
Hi all, I just pulled my free Experian report ahead of closing on our new house to make sure nothing has changed. I noticed in the soft pull inquiry section that on 5/1, I had two SPs from Factual...
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