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Please Rate our FHA Chances

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Amythyst
Contributor

Re: Please Rate our FHA Chances

Yea but an automated system doesn't know anything about extenuating circumstances does it?  Is there a checkbox for that? Smiley Tongue

Message 11 of 14
Elcid89
Contributor

Re: Please Rate our FHA Chances

The system knows what the person entering the data puts into it. Exceptions, AFAIK, are manual. They have to go to underwriting to be approved, so it's possible that your CRA is reporting an earlier date or the entry is just screwed up somehow. Either way, I wouldn't argue with it Smiley Happy

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Message 12 of 14
Amythyst
Contributor

Re: Please Rate our FHA Chances

Hehe oh I'm not!  The foreclosure isn't on my credit report... just my bankruptcy.  So, I dunno ... just thought it was wierd the OP got denied but I didn't.

Message 13 of 14
MovingForward_2012
Valued Contributor

Re: Please Rate our FHA Chances

Don't fret about denial because you know what it is going to take as there are no unknowns. I know that is a great feeling. I was denied in July 2012 (approved on credit, denied due to age of BK discharge) and today, I am a week from closing!!! :-) Your day is near!
Cards: Orchard Bank ($1100) | Cap1 Cash Rewards ($2500) | Chase Freedom ($1000) | Best Buy ($2500) | Discover It ($1000) | Barclay Rewards ($2500) | Current scores: EX FAKO: 684, CK TU: 649, FICO EQ: 680, FICO TU: 698, FICO EX: 658 Happy Homeowner Since 2/6/13! Smiley Happy Last App: 4/5/13 Gardening until July 2014
Message 14 of 14
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