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am i going to have uw issues?

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fattyslims
New Member

am i going to have uw issues?

background:

 

ch7 2 years ago

foreclosure 3 years ago

 

Ive been preapproved and my offer on a house has been accepted.  Now all the paperwork has started im nervous. 

 

I own my current home free and clear so i have no mtg or rent payment to report.  Just property tax.

I have no reported credit other than my utilities which have no lates.

 

My only other recurring bills are a cell phone and a cable bill and i need a letter of explanation for both of them. 

 

-For the cell phone it shows a late payment while i was disputing an issue with  my account. 

-For the cable bill, the billing dept messed up my autopay.  I was able to have the billing mgr write a letter for me on letterhead.

 

My mtg broker says she does tons of FHA loans and i shouldnt worry because i have have the letters and:

mid score 648

my income is 50k

mtg loan $138k (fha)

dti 30%

 

I still cant get past the fact that i have poor history, marginal score, and both of my open accounts need explanations...it just seems like UW is gonna give me a hard time.

 

What do you guys think?

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