I qualify for both the direct and guaranteed loan program. I ordered a new 3B report today. Credit scores across the board are Experian 650, Trans Union 607 and Equifax 635. Mortgage scores are Experian 634, Equifax 612 and Tran Union 592. I have been employed with the same company for 7 years and I also can provide excellent rental records.My rent for the last 7 years has been between $700 =$825 month. I am hoping to be approved for around $130,000.
I am disputing some items with Trans Union that are being reported as being on a payment plan when it fact they are not. I believe this is why my report is showing recent late payments. I have no payments to them. All of my other payments on car, credit cards are being paid early every month. I filed a Chapter 13 bankruptcy in Feb 2010. I satisfied all obligtion of my court plan and was discharged in August 2015. All of my bankruptcy accounts should age off between August and December of this year. The bankruptcy itself will come off in January 2017.
My credit utilization is high but I am to either be paying off my credit cards or bringing balances way down. They are not huge balance all 3 cards have less than $1,500 balances.
Any suggestions would be most appreciated.
