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Valued Member
nymets010
Posts: 40
Registered: ‎02-25-2012

Re: Called Wells Fargo for Pre-Approval

If your mid is 627, and wells min is 600, then why would their system deny you? Just curious....

Regular Contributor
Chbraswell
Posts: 146
Registered: ‎07-02-2012

Re: Called Wells Fargo for Pre-Approval

Well i did a bankruptcy and that's on my credit and it has been 2 years since then so i dont think that would be an issue. I am just a nervous nelly. I like to have answers instantly and i still havent had a response from then yet. So I think i am good, but i dont want to be completely let down if something unforeseen happens.

Beginning:Explus 630 eq 573 tu 593
Current: EXplus:677 Eq 642 TU 727
Goal: Explus 700 eq 700 tu 800

Merrick: 1550 Capital One:1150 Barclay: 2000 Walmart: 300 Chase Freedom: 500
Regular Contributor
Denny33142
Posts: 179
Registered: ‎07-12-2011

Re: Called Wells Fargo for Pre-Approval

Just a quesion, What are the requirement's to put someone elses income on the application? My father is going to live with me on whatever house i buy and he gets a $1200 retirement check every month, do you guys think that this can be put as additional income on the application?

Regular Contributor
Chbraswell
Posts: 146
Registered: ‎07-02-2012

Re: Called Wells Fargo for Pre-Approval

Does he not want to be a Co-Borrower?

Beginning:Explus 630 eq 573 tu 593
Current: EXplus:677 Eq 642 TU 727
Goal: Explus 700 eq 700 tu 800

Merrick: 1550 Capital One:1150 Barclay: 2000 Walmart: 300 Chase Freedom: 500
Regular Contributor
Denny33142
Posts: 179
Registered: ‎07-12-2011

Re: Called Wells Fargo for Pre-Approval

He gave up on credit cards years ago and has virtually no credit history in the last 10 years, either way it was not going to work since they told me i would have to create a new application in order to add other income.

 

The main issue that i am having right now is that most of the properties i have seen for my price range want Cash Only.

Contributor
mwmiller82
Posts: 85
Registered: ‎04-23-2012

Re: Called Wells Fargo for Pre-Approval

Did you ever close denny?


Starting Score: TU527 EQ517 April 2012
Current Score: TU535 EQ540 May 2012
Current Score: TU631 EQ620 October 2012
Goal Score: 675


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