Hi all -
My husband and I are really hoping that at the end of April, all the huge progress we've made towards rebuilding will be reflected on my credit report. (Paid off CO, paid down CC balances to approx 5% util) and as soon as that happens, we wanted to contact a LO again to see if we qualify for an FHA loan. My scores are ok - 620-630ish - and his are nearing the 700s (but he's a new citizen with an 8 month old SSN)
I need to know if we are hoping for too much. Nothing has been late in 12 months, but some stuff hasn't been open 12 months either. We have 3 lines of revolving credit together - one that's 11 months old, one that's 8 months old, and one that's only a month old. 
I am an AU on an account that's been open 5 years, never late.
Is all of our revolving credit too "young" for preapproval? We're pulling our reports daily, anxiously waiting for those few key things to show on all 3 reports but I'm scared our hopes are going to be dashed.
I am hoping for not too big of a drop. The charge off is from 2006. 
It's scheduled to age off in September.
I know it's thin... I just don't know how thin is too thin :\