07-15-2014 10:54 AM
Thexy1, had to pay $180. I just got an alert this morning from myfico.com that my score went up to 656. Still waiting on experian. That's the one I need above 640. Will keep u guys updated!! Pray for us please!
It will be fine!
How much is he charging you for rapid rescore?
07-15-2014 03:25 PM
Sending prayers for the scores to come back over 640!
07-17-2014 09:58 AM
So my mtg broker called me yesterday while I was at work. My rapid rescore put my mid at 647!!!! Woohoooooo!!! We are now going to underwriting today!!! He said we should have an answer end of next week!!! Is that right? I thought it was gonna be later than that. But he did talk to the lender's UW and some other person in management before he pre-approved us because of our unique situation. Meaning our 2ng mtg being charged off.
Please send prayers that we get approved! I'll keep you posted!!
07-17-2014 11:24 AM
Congrats! Fingers crossed UW is a breeze!
07-17-2014 01:42 PM
Congrats! Fingers crossed UW is a breeze!
07-24-2014 05:33 PM
So a little update. My LO text me yesterday saying that, "the UW searched and searched, he didn't see anything that would prevent this loan from gettting approved. That being said he reached out to FHA directly hoping to have an answer tomorrow, but it could be 48 hours. I really like what I'm hearing so far and things are looking good."
I didn't hear from him today since he's out of the office. So my question is, I thought the UW was the person that approves the loan? The UW has to call FHA? I'm a little confused about that part.
So once he says "FHA approves it" are we cleared to close? Shane, any thoughts?
07-28-2014 09:18 PM
Thank you so much for your sharing. I am claiming that God grants you a victory in this area. We are at the same point and I am claiming victory as well. I was a 633 and paid my cc off. Looking to hear what the processor says and then any suggestions the UW makes. I'll keep my updates here as well. Look forward to hearing your updates.
08-05-2015 11:12 AM
Hi there, I'm in the same boat right now as you were. Reading your story was as if I was reading my own. What was your end result? Did you finally get your home? When my lender pulled my credit I was at 626 (so he says, though every single thing I look at it's completely different) and I am under contract now, have paid for appraisal and home inspection but he says I need to be at 640 for final approval. I have given him my life and he has submitted a rapid rescore as of Friday last week, and I've been waiting. I want to cry too. I've come a long way, paying off debt etc to get to this point so I know how you must have felt. What happens if I don't make the 14 points I need for approval? Any input or advise would be great. Thank you for sharing!
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