11-20-2013 01:28 PM
This has been a roller coaster for us for sure! UW came back with a conditional approval and some normal conditions, updated pay stubs, statements, etc. Got these turned around super quick for them. Then, I get word that I have a dispute comment that needs to be removed before we can get a final approval. Just freaking a little since this will be the 3rd hard pull from the lender, and how that might impact my already fragile scores. I've already had a bogus collection pop up after getting a pre-approval, score tanked, fought it out, got it removed. Anyways, they were super cool about the dispute comment, and gave me a letter to fill in so their credit company could get the comment removed.... waiting on that.
The builder has already started construction on the house, but we have at least 6 months before it is finished. Do they do a final approval, then we wait until the home is finished, and then close??
11-20-2013 05:05 PM
I just had this same issue I just posted on, my approval was tanked because I had to get a dispute comment removed it took my score down 26 points because this collection was due to come off next year. I can't stop the tears from falling. I hope this does not happen in your case really worried
01-15-2014 02:56 PM
Ok, had the comments removed by CRA's... got confirmation in December. I just re-checked my reports and the comments are back on there. The good thing was that my scores did not drop after they were originally removed. I assume because this is a collection account I am dealing with.
So, I have to find some way to get the CA to remove the dispute comments before the lender has to pull my scores/reports again mid-Feb. This is def. a PITA! The house will not be finished for at least 3 months, so hopefully that's enough time.
01-15-2014 06:41 PM
There is a thread somewhere around here and it lists telephone numbers for each of the CRA. I called them and the comments were removed within a day... TU and EX removed them right while I was on the phone with them. If I can find it, I will add the link to this thread. I think it was Dallas the loan guy. I think my scores may have dropped a few points but not more than 10.
01-16-2014 08:31 AM
Thanks, I followed the instructions and the CRA's deleted right away. It worked great. However, the collection agency added them back in when they reported for the month. I am a little confused though, because I know at least Equifax created a dispute and investigated with CA. But it's back on there too. Going to try and fax and mail the CA to tell them that I am not disputing.