01-24-2009 07:54 PM
I'm Self Employed, prior 2 tax returns avail to show $30k income
She's making average of $27k the last 2 years
We're looking next year to 2 years from now and have scores in the 700's
GF might have one collection hit as the O.C didn't send a final bill but it hasn't reported yet
Even if it does, her score will be over 660 by then.
We're looking or FHA and by that point could cover 10% down. We don't want one more than $160k
and are looking $120-$150k range.
PS. I have no debt other than small cc payments, not even $300/m outside of our $1400/m rent
Her debt is only (outside of rent) $228/m for her auto.
01-24-2009 09:33 PM
We are finally homeowners!!
Closed May 5th-30 yr fixed at 5.25%.
01-25-2009 10:44 AM
With the combined income, low debt, and decent scores, you should have no probelm getting that amount.
Copyright ©2001-2013 Fair Isaac Corporation.
All rights reserved.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions based on Experian or Equifax data (additional FICO® Score versions based on TransUnion data are not currently available on myFICO.com). Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.