Okay, now I just found out over the weekend the credit card that I applied for that I "THOUGHT " i was decline for, they sent me a letter in the mail stating I have to call them for further consideration. Lo and Behold I got approved this morning.
So I have 2 unsecured credit cards, one $500 about to be 6 months, the other $1300 just approved today (I really hate cc, they is the debil)
I did a GW for a university loan, and i got it deleted, boosted Transunion Score
I did another GW on Sallie Mae, their error, still waiting for fix, if deleted it will boost my credit score for all 3 credit reports.
On February 16th, i am attending a homeowners class so I can get the T 5star down payment assistance
During the month of February I will be looking at homes.
At the end of the month I will go to 4 different lenders. My CU, 2 LO, and a 203K FHA lender.
I don't know if it will matter, but I always read that you shouldn't apply for anything about 6 months before you are looking for a mortgage. Besides that, it looks ok. Keep us updated... I'm in the same situation. Applying for USDA Direct first, but back up plan is 203k w/ down payment assistance. There's not too much information on 203k loans and I've talked to a few 203k lenders but hard to tell who is good or not.
Ok that, i did not know. Mind on a whirl wind. See and my husband thought it would be better to get a HUD Home. But I see alot of cosmetics with HUD Homes, so I am on the fence.
i had not had a credit card in over 10 years. That is why I stated they the debil.... I only got it because of wanting a house. I generally like to pay cash for everything. I don't like debt. Just that I am frugal
I already know how to properly utilize my credit card that is why I didn't address it. I have had one of my cards for almost 6 months. Me personally I don't believe in debt. I have a couple of things I am waiting on just for a credit score boost. I don't know where you get 615 from. I am just looking at all options in owning a home.
My loan officer told me they issued pre approvals for four months, so I would check with your lender on how far out their preapprovals go.