What are the odds on approval?

[simpsondb]

We are looking at applying for a home loan thru FHA in July/August. Our CS on MyFico are TU 657, EXP 632 but, on Experian's site our CS are EXP 676, EQ 580 and TU 632. Not sure which is more accurate. We have 6 collections that are all paid off and the last reporting date was 10/2009. I am in the process of GW letters for these but, I am not going to hold my breath. I have 3 student loans reporting since 5/2010 never late and total for loans is $13,000. I have one CC (new) and no balance and never late.

I bring home $2,000 a week after taxes. I have been in the same field of work for 6 years but, 3 months ago took another job due to higher salary but, same field. By the end of August we will have $14,000 in savings.

I hope I have given you enough info as I am knew to this.

Thanks in advance for any help.

Have a great Day!

[simpsondb]

Any advice would be greatly appreciated!

Thank You!

[Catacam]

I think that you look good score wise, depending on what else is in your file. Your scores from Experian are FAKO's so I would not put much relevance to anything other than what you pull here on Myfico. The TU score that is provided here could be a little off too as most lenders us the TU04 version, not the 98 the pull here, but you should still be within the range.

As long as you are in the same field, you are ok with having a new job! Good Luck and congrats!!

[simpsondb]

Thank you for replying and your opinion. I really appreciate it!