So we are going conventional, had to do rapid score to remove comments from my report.
The rescore dropped my score, but its still good enough to go conventional with 5 percent down. However if I can get 5 more points on my TU report I can do 3 percent down. Saving me close to 10 grand out of pocket.
So I have a letter from one of the collectors on my report agreeing to remove. If I do another rapid score this should give me the 5 points needed. This is a fairly recent paid collection. But my last rescore took a month to complete, I did have a lot of accounts to fix and not just one, but it could still take a month with one account.
I really want to my house like now, but an extra 10k in my pocket would be nice. We were planning on putting 5 percent down anyways though.
Also things are crazy right now cuzz im living with my parents with my Wife and 3 kids. im going insane. We have been here after our home sold waiting for the new house to finish being built.
$10k is a lot of money, regardless if you're keeping it as reserves OR putting it towards the down payment.