Question..Please assist....Trying to go for a mortgage soon

[Booner72]

It depends on the day = it's a gamble - rates change multiple times a day, I'd bet 4.5-4.75.

[FicoTron]

over 5%,  whereas if you cross 700/720, you will be well under.  Thus putting you well below 5% and saving you thousands over the course of a mortgage.

[thetank]

My spouse and I met with the mortgage specialist and she mentioned since we would be getting into an FHA mortgage we would need to put I believe 3.5% down.

After pulling our CBR my midscore was 582 (not good!) and my spouse was a 613...she did mention that even with my 582 we still qualify.  There were a couple of factors needing to be met before we proceeded:

-Had 3 accounts that showed in dispute and I needed to contact the CRA's to remove dispute statement from all accounts

-Get my credit card debt down to about 50% on each card I have...luckily these are not high limit cards

We will be revisiting the mortgage specialist in about 90 days.....any other tips on how I can raise my score from now til then???

I am really looking forward to and hoping I can achieve this goal!

[thetank]

Any feedback or advice?