First of all, I would like to say I really wish I would have found this site sooner than later. It would have helped me in so many ways. Better late than never , I guess. I have been lurking on here since we started the mortgage process in the end of June. I am driving my hubby and myself crazy. He's going VA. Where he is going thru you only need to have a 600 mid minimum score. His was slightly higher than that. It's been a whirlwind for us because we decided on a whim to see if he could get a loan on his own. My CS took a drastic plunge earlier in the year when my ex let a car go back that I was a co-signor on. Within a week he had inquired(6-19-09), got pre-approval, looked at a house, and put a contract on it. It's a steal and our mortgage will only be $5 higher than our rent. Heres, where I need some advice. I signed him up for Scorewatch mid July. On the 23rd he got an alert saying his score dropped 30 points. We had used one of the CC's to buy a new tv prior to all this and it just showed up causing utilization on that card to rise. He asked his LO about them pulling another report . It was in UW at this time. He said he didn't think they would. I relaxed slightly. It got out of underwriting with the conditions that 2 minor collections have to be paid BEFORE closing. Nervous because of what I have read here and also LO mentioned something about CR might need to be pulled in regards to this. He paid them by money order and certified mail and that seems to have taken care of that. He got the clear to close yesterday. The LO said he would call him Monday and let him know the exact time of closing on the 13th ( which has always been the closing date). The LO said that because they are waiting on a report from the pest treatment that was done on Friday due to a minor carpenter ant situation. Do you think I can finally relax and maybe enjoy my weekend. Or do you think they could still pull his CR after they get the report and before they set the time? Thanks.
