Will I qualify, how much will I qualify for

[tealewis]

Here are my stats:
pulled from my fico
TU 679, EQ 626 EX ? Past credit issues including student loan lates and bk discharged feb 2003, 2 old collections.
I make 77k fulltime regular employment have been there for 3 years
looking for a suburban single family home, want to go with the fha 1% down program in california
i have a family of 5
Bills are 360 car, 190 student loans, 30 minimum credit card payments ( I don't carry a balance)
I have 7k saved no other liquid assets.
What do you think?

[germaine47]

Based on what you wrote, I think you have a good chance.  However, what I did was get a copy of all three reports and faxed them over to a mortgage broker to see if there will be any issues prior to my credit being pulled.  That is the reason I chose her is becuase she took time out of her busy schedule and looked through my credit reports without me having to take a hit for a hard pull.  I am preapproved for USDA Guaranteed, so my middle score per mortgage broker has to be 640.  I would call around and ask different mortgage brokers what is the minimum, they would know best what you would be qualified for.  Please call and set your mind at ease , I am wishing you the best of luck.

TU  695 (Lender Pulls 02/29/2012)

EX 646

EQ 644

[mwmiller82]

Bumping Thread!

[westo12]

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@tealewis wrote:

looking for a suburban single family home, want to go with the fha 1% down program in california

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What is the 1% down in California FHA program??