No credit card required
Browse credit cards from a variety of issuers to see if there's a better card for you.
Looking for some advice as a first home buyer. I spoke with a LO today who suggested I go with an FHA 5/1 ARM. His reasoning being that I can have a low rate under FHA with a low monthly payment. In a year, look to refinance and go conventional.
My situation is that I have had two tax liens deleted off my reports and one medical collections that EX deleted today and TU/EQ should be deleting in the next few days. I have $3200 total credit limit across 3 cards that I reduced to under 35% utilization and should reflect by Monday. This should help my scores? When I pulled my report on1/18 my mortgage scores were 638/615/584
What are the thoughts of those with lots more knowledge?
if you plan to refi into conv in a yr it is a no brainer. use the savings to pay off other debt
will there be enough equity to refi in a yr?
The only debt I have is a car loan with $17k that has a $400 payment each month. CC balances are low and that's it!
Tired of renting and with 2 small girls I'm looking to give them and my wife stability.
^^Cartwrna nailed it
Yes, Cartwrna they do have final say . Boy if Vantage scores were used for mortgage loans, I'd be set. TU & EQ both have me above 680.
I've been talking to one LO who I'm on the same page with. We are going to pull my reports and scores on Feb. 8th. By that time, FICO will have my reduced CC balances which should help boost all my scores and the final medical collection will be deleted off all reports. TU is the only one I'm waiting for.