Well, back in July I officially began creeping on this forum, and joined here in Sept with dismal credit scores (400s). Now, a mere 6 months later, we are living in our new house. We closed Monday morning. We ended up getting 3.75% interest, 240K loan, and our midscore was 630. I want to thank everyone here for their help in this process, and I want all the newcomers and those who are hoping to buy a home to know that it can be done. It takes a lot of work, and patience, but you can do it. Never give up! Thanks all!
I called the creditors relentlessly, and got GW deletions on a couple old lates.
I wrote a lot of GW letters, and got some deletions. Not a single PFD worked for me.
I filed disputes on all inaccuracies, even ones with stupid things like wrong dates, etc. I filed and refiled several times.
I also used the CFPB for a couple duplicate accounts that the disputes didn't resolve.
I paid our credit card usage down from 100% to 30%. And I made sure everything was paid on time.
I used Credit Karma, MyFico, Credit Sesame, and Walmart FICO to track everything pretty much daily. I learned when accounts were updated, etc. and watched it all like a hawk.
The major jumps happened early on, and the rest was slow and steady. Good luck!
CONGRATS!!! I have a couple of questions. I see your scores were low e when you first started. What other debt do you have like student loans or auto loans? Your story is so inspiring . We feel like we may have to wait a year or later but it sems as if we start working right away we can make moves much sooner. I am worried most about our debt to income with student loans end auto loans. We have a couple of lates on bill me later and cc, one charge off and a small tax lien. we also have high cc utilization but that can be paid down much quicker than student loans and auto loans. Thanks in advance and again CONGRATS!!