No credit card required
Browse credit cards from a variety of issuers to see if there's a better card for you.
Wife and I are about to apply for prequal.
Combined income 130k
Both employed at same companies past 14 years. Wife is a teacher, I work in a hospital.
Current debt is 2 car payments total 850 per month, both loans are 1.75%
AAOA is about 2 years with no lates, we both screwd up about 10 years ago so we layed off credit and paid cash up until 2 years ago
Wife has 3 CC`s 500 balance with 25k available credit
I have 11 CC`s with 3 reporting balances total 8k all 0% interest thru 2015, available credit is 120k
Scores are from MY FICO; Wife is about 780 on all 3, I am 693 on EQ and EX, TU is 765
I still have 2 paid judgements from 2010 showing that were approx. 750 each
We incured alot of debt over the past 21 years from school tuition for our 2 boys (college&catholic school) all paid now
Looking for homes at the Jersey Shore with a purchase price not to excede 375k
Aprox. taxes 7K
Have been living and taking care of Mother-In-Law past 5 years so no rent history since, before that we rented a home from inlaws for 22 years.
Will have about 15k cash available and will be using a VA loan.
Does it seem we may have a chance to get approved?
Thank you
Y'all been livin with your momma in law last 5 years so a gap rent/payment history? Y'all might have to write a letter on that, but probably not a big deal.
I'm pretty sure with those numbers you can buy something, how much I dunno because it is NJ. Man you know what kind of house 370k buys in Bama???
it doesn`t buy much here. We needed to move the budget up from 325K unless we want a fixer upper. At 55 I`m done with that
@wagsk1 wrote:it doesn`t buy much here. We needed to move the budget up from 325K unless we want a fixer upper. At 55 I`m done with that
So 250k mostly buys ya a fixer upper in NJ?
At the shore in a decent area thats what 325k gets you
**
anybody in the mortgage business have an opinion on this? Thanks
@Anonymous wrote:
@wagsk1 wrote:it doesn`t buy much here. We needed to move the budget up from 325K unless we want a fixer upper. At 55 I`m done with that
So 250k mostly buys ya a fixer upper in NJ?
Unless you are willing to live in the 'hood or in the boonies, $250K doesn't get you a lot of house. Property taxes are a beast as well.