cancel
Showing results for 
Search instead for 
Did you mean: 

Mortgage Loan - Question regarding new loan

tag
Anonymous
Not applicable

Mortgage Loan - Question regarding new loan

Does anyone here has experience with Stanley Martin lender in the Northern VA area? I put a contract on a home, got my credit pulled back in May, I did what the lender told me to do to make sure all go smooth for closing. Now, she did a hard pull again, dropped my score 10 points. I am trying to qualify for first time home buyer assistance. ALso I had new collections on my report which I took care of when she brought it to me.

She said I have to wait until the scores "naturally rise". I am not sure why the RapidRescore did not help. 

 

Anyone?

 

 

Message 1 of 5
4 REPLIES 4
Anonymous
Not applicable

Re: Mortgage Loan - Question regarding new loan

What are your FICO mortgage scores right now?  What are your goal scores for approval?

Message 2 of 5
Anonymous
Not applicable

Re: Mortgage Loan - Question regarding new loan

650 EQ

628 TU

611 EX

Lender said 620 to get the VHDA loan for down payment. But at this point I am clueless.

 

Message 3 of 5
Anonymous
Not applicable

Re: Mortgage Loan - Question regarding new loan

Your scores are either there or very close.

 

What open credit cards do you have?  Post each card, the credit limit, and your current balance.  

Message 4 of 5
Anonymous
Not applicable

Re: Mortgage Loan - Question regarding new loan

My CC are zero balance now except for one that is at 40% use. Thats it

Message 5 of 5
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.