I have yet to apply for a mortgage after being shot down last year (which is why I joined myfico 
. Anyway, I am sure that I will be asked to provide a Letter of Explaination. My fi' and I have decided to wait another six months before app'ing again. But, I was thinking, if my score raises enough when my brand new first ever credit card reports... Can we apply sooner? Since I'm going to have to explain some things no matter what haha.
1) Our relationship. My fiance is supplying our downpayment, she received a large sum of money in an inheritance. We're set to marry on Sept 26th, 2015, but were thinking to draw up a contract or something explaining what should happen with the home if we split.
2) 20 late payments on a student loan (well ten lates on 2 loans) over the course of a year that I thought were in deferment. I'm going to write that I mistakenly thought they were deferred and never found out otherwise until I happened to be home for Christmas and picked up the phone to find AES calling. After that I made all the payments and consolidated my loans, and write down if I paid them every month to keep track, they have had good history for a year now--- how do I explain it though? My mom is in default on all of the parent plus loans she has from my other siblings and never answers the phone when they call, and must have thrown out my mail... there are two months that were paid (not by me) I'm assuming she read something and got nervous and paid it? Bc i most certainly didnt. I thought everthing was in deferment and was away from home.
3) New accounts on both of our reports, and 7 inquires over 2 years for me, and 5 inquires over two years for her. Pretty much, gotta credit before you have credit, but how do I write that tactfully?
4) Fiance's new job. She just graduated this May with a bachelor's in Health Care Management and got a job with Cigna. Prior to that she worked as an aide over a five year period. Other than taking a year off from Dec '12-Jan '14 to be home with our son and focus on getting her degree done. I know you need two years work history, but can't getting a job in the field you studied for five and a half years count?
Thanks
