07-18-2012 07:31 PM
07-18-2012 07:36 PM
Thank you!!! I feel like I have a golden ticket or something!! Now the hard part...find a place, and get a clear to close....hurdle after hurdle!
You will get there, one step at a time.
Stay focused, and positive!
07-18-2012 09:46 PM
07-19-2012 04:10 AM
So you got approved for an FHA loan with a recent 30 day late, and a 60 day late within the last 2 years?
I thought it wan't possisble, but I sent my lender a copy of my credit report that I had pulled to do a pre-preapproval so to speak. Once she checked that over, she told me that she saw no issue with getting financed for a new home. I don't know if it is because we have a very good debt to income ratio right now, or our income is good, or what, but i'm not going to fight it! Another thing too is, we plan on doing a new build which is an 8 month process. By the time the house is complete, all the time would pass that would age the lates.
07-20-2012 12:59 PM
I need to work with your lender lol. No, I want to pay off a few things before I even get the courage to apply for a home loan. Feel in some way, that's what I need to do. Something about not wanting to app for a home loan until I have at MINIMUM mid score of 640, at least 8-10% down, and no lates within a year and no derogs over 500. Pretty much afraid of the rejection!
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