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Frequent Contributor
Catacam
Posts: 491
Registered: ‎02-06-2012
0

Re: Getting to 620...

MB, you got this!! Don't worry!!!

CLOSED ON OUR FIRST HOME MAY 30TH!!!


Starting Score: TU 589 EQ 526 EX603
Current Score: TU 635 EQ 603 EX ??
Goal Score: 750


Take the FICO Fitness Challenge

Frequent Contributor
MissMia75
Posts: 388
Registered: ‎05-02-2011
0

Re: Getting to 620...

I told her the same thing.  She will be JUST fine.


Starting Score: 06/2011 505 EX 523 Lender Pulled
Current Score: 08/2011 628 EX 575 Lender Pulled
11/14/2011 TU 584

Goal Score: 700


Take the FICO Fitness Challenge
***Closed on my home 05/18/2012***


Established Contributor
MBOhio2
Posts: 946
Registered: ‎02-07-2011
0

Re: Getting to 620...

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 :smileysad:

Mid-2010 Starting Scores: FAKO EQ 476 FAKO EX 506 FICO TU98 575
Jan 2012 Current Scores: FICO EQ 604 FICO EX ??? TU98 623
Feb 2012 Goal Scores: EQ 620 EX 620 TR 620 (or just the middle to be 620!!)
Established Contributor
MBOhio2
Posts: 946
Registered: ‎02-07-2011
0

Re: Getting to 620...

[ Edited ]

UPDATE:

 

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 :smileysad:

 

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...

 

My scores:

EQ = 598 / 601

TU98 = 623 / 638

EX FICO v1 = 583 / 601

 

EQ = 598 / 601

TU04 = 604 / 612

EX FICO v2 = 618 / 644

Mid-2010 Starting Scores: FAKO EQ 476 FAKO EX 506 FICO TU98 575
Jan 2012 Current Scores: FICO EQ 604 FICO EX ??? TU98 623
Feb 2012 Goal Scores: EQ 620 EX 620 TR 620 (or just the middle to be 620!!)
Frequent Contributor
Catacam
Posts: 491
Registered: ‎02-06-2012
0

Re: Getting to 620...

Have you looked into First Guaranteed Mortgage? I have read where people have had some successes! Keep your head up. You got this!

CLOSED ON OUR FIRST HOME MAY 30TH!!!


Starting Score: TU 589 EQ 526 EX603
Current Score: TU 635 EQ 603 EX ??
Goal Score: 750


Take the FICO Fitness Challenge

Established Contributor
MBOhio2
Posts: 946
Registered: ‎02-07-2011
0

Re: Getting to 620...

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!!

Mid-2010 Starting Scores: FAKO EQ 476 FAKO EX 506 FICO TU98 575
Jan 2012 Current Scores: FICO EQ 604 FICO EX ??? TU98 623
Feb 2012 Goal Scores: EQ 620 EX 620 TR 620 (or just the middle to be 620!!)
Frequent Contributor
Catacam
Posts: 491
Registered: ‎02-06-2012
0

Re: Getting to 620...

Fingers crossed and make sure you update us!!! :smileyhappy:

CLOSED ON OUR FIRST HOME MAY 30TH!!!


Starting Score: TU 589 EQ 526 EX603
Current Score: TU 635 EQ 603 EX ??
Goal Score: 750


Take the FICO Fitness Challenge

Frequent Contributor
MissMia75
Posts: 388
Registered: ‎05-02-2011
0

Re: Getting to 620...

MBOhio - You will get the loan.  I am sure of it:smileywink:

 

The update to "We are in UW" cannot come fast enough from you:smileyhappy:


Starting Score: 06/2011 505 EX 523 Lender Pulled
Current Score: 08/2011 628 EX 575 Lender Pulled
11/14/2011 TU 584

Goal Score: 700


Take the FICO Fitness Challenge
***Closed on my home 05/18/2012***


Regular Contributor
getmycreditright
Posts: 199
Registered: ‎05-23-2007
0

Re: Getting to 620...

Keep the faith! It's gonna work out for you. :smileyhappy:

-------------------------------------------------------------------------------------------------
Starting Score - 575 (4/10)
Current Score - EQ - 750, TU - 752, EX - 728 11/4/12

Current Cards:
AMEX SPG ($7.5k), Amazon.com Visa ($3k), Discover More ($2k) all since 11/4/12

Fighting the good fight!
Established Contributor
MBOhio2
Posts: 946
Registered: ‎02-07-2011
0

Re: Getting to 620...

UPDATE:

 

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!!

Mid-2010 Starting Scores: FAKO EQ 476 FAKO EX 506 FICO TU98 575
Jan 2012 Current Scores: FICO EQ 604 FICO EX ??? TU98 623
Feb 2012 Goal Scores: EQ 620 EX 620 TR 620 (or just the middle to be 620!!)

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