It has been a long, hard, fought journey..I had many heart aches, pains, and various drawbacks..
My middle FICO score is 600 even and I also have the following Derogs on my report.
Open collection ( paying 35.00 monthly)
Satisfied Judgement
about 42k in charge offs from late 2009 early 2010
Foreclosure late 2009 done and closed
I have 2 secured credit cards one with a credit limit of 200.00 the other with a limit of 300.00 Have had satisfactory payments for 12 straight months.
I applied for a VA loan at one of those > 580 fico score loan places, and it took them just under 45 days to get me approved and thru underwriting..
What I provided -
canceled Rent checks 12 months.
DD214.
COE.
Disability Letter.
Bank statements weekly while in under writing.
Pay stubs last 6 months plus every payday while in under writing,
I was told my reserves (savings) had a huge impact, 8500.00 in savings.
Its a VA loan 30 year 4.5%, which I can handle its MY HOME !!!!
Sometimes when we try to re-build our credit we forget the other stuff, like the reserves, rent, etc...
If your intersted in the company IM me.
