@Anonymous wrote:
Thanks BrianJill. When should I try and get the approved for the loan though?
You should pull your full credit reports and scores to make sure they are over 620 and to make sure there is nothing bad on your reports thats recent. Most lenders want atleast a year or two since your last bad credit mark. Since your two credit card balances are small you should pay most of the balance down to get a score jump. Fha only requires you to put down 3.5% of your own funds but the more money you save the stronger your file will be. What you could do is pull your reports and talk to a lender and ask them if they see any potential problems or concerns
