Do I qualify?

[Anonymous]

1. Mortgage Credit Scores:

    Equifax FICO Score 5 – 632

    Experian FICO Score 2 - 623

    FICO8 - EQ - 670 TU - 587  EX - 652

 Credit Negatives:

 -Capital One----  Paid, Charged Off in 2011-

-Bank of America---- Paid, Charged off in 2011

Kays ---- 30 Days late 3 times in 2011

Barclays - 30 days in Jan 2016

Personal Loan ---30 day late in Jan 2016, Now current and Paid off

Collection - Medical Bill $470

Inquiries-- Around 8-10 on all three

1. Gross Income.  $70,000/yr
2. Source of income.  Employment
3. Monthly debt payments.

Current Rent Payment  - $1,000

Type of employment: Fulltime for 4 years

Assets/Reserves.

Savings $45,000

401k        $5,000

Assumed downpayment   $40,000.00

Property Value. 

Looking in the range of $140-180k

[Anonymous]

1. Mortgage Credit Scores:

    Equifax FICO Score 5 – 632

    Experian FICO Score 2 - 623

    FICO8 - EQ - 670 TU - 587  EX - 652

 Credit Negatives:

 -Capital One----  Paid, Charged Off in 2011-

-Bank of America---- Paid, Charged off in 2011

Kays ---- 30 Days late 3 times in 2011

Barclays - 30 days in Jan 2016

Personal Loan ---30 day late in Jan 2016, Now current and Paid off

Collection - Medical Bill $470

Inquiries-- Around 8-10 on all three

1. Gross Income.  $70,000/yr
2. Source of income.  Employment
3. Monthly debt payments.

Current Rent Payment  - $1,000

Type of employment: Fulltime for 4 years

Assets/Reserves.

Savings $45,000

401k        $5,000

Assumed downpayment   $40,000.00

Property Value. 

Looking in the range of $140-180k

[Anonymous]

I'm definitely not an expert but I would think 2 30 day late payments just 2 months ago will be a big problem

[GirlMelanie89]

Hi!! Those lates may be a small issue. You may need to allow at least a year from those late payments unless you can get the creditor to GW the lates off. But you also hav some good things on your profile as well. A lender would have to give you the final say so. I'm sorry.