02-20-2012 06:32 PM
MB, you got this!! Don't worry!!!
02-20-2012 06:38 PM
I told her the same thing. She will be JUST fine.
02-21-2012 05:53 AM
Thanks again for the support everyone... I'm feeling really defeated today. As stated in my original post, my lender can pull two different sets of scores, but if I had to guess now, I would say that I have one score in each set that is above 620, but both sets middle score will be under 620. I am still waiting for the LOC balance to finally update with TU and then we'll officially pull!
I simply cannot believe the way these CO-ed student loan accounts (pretty much my only baddies) have completely destroyed my credit for going on 3 years now. And basically, until I PIF (about $100K), my score is going to stay right where it is
02-23-2012 07:08 AM - edited 02-23-2012 11:29 AM
Our LO just pulled our final credit and we were not able to get to 620... we ended up at 612. Now I'm reaching out to back-up sub-620 lenders, but it's not looking good
Below are my score before and after paying $9K and lowering my overall utilization by 26% (from 44% to 18%)... I really wish I had my $9K back...
EQ = 598 / 601
TU98 = 623 / 638
EX FICO v1 = 583 / 601
EQ = 598 / 601
TU04 = 604 / 612
EX FICO v2 = 618 / 644
02-23-2012 07:13 AM
Have you looked into First Guaranteed Mortgage? I have read where people have had some successes! Keep your head up. You got this!
02-23-2012 07:17 AM
I actually emailed First Guaranty just yesterday and received somewhat promising preliminary information from them, so I am literally calling them right now to officially apply... fingers crossed!!
02-23-2012 07:36 AM
Fingers crossed and make sure you update us!!!
02-23-2012 12:31 PM
MBOhio - You will get the loan. I am sure of it
The update to "We are in UW" cannot come fast enough from you
02-23-2012 01:08 PM
Keep the faith! It's gonna work out for you.
02-23-2012 02:41 PM
We are now in UW with First Guaranty. It feels good to have been able to process the application so quickly (especially considering I am traveling out of town for work today), but this is going to be an excrutiating weekend because I doubt we'll know anything until Monday or Tuesday. Our new LO (who is great, by the way) said the the one issue that jumps out at him is our lack of reserves. I really wish I had my darn $9k back!!
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.