Valued Contributor
ivyalmighty
Posts: 1,451
Registered: ‎03-19-2008
Re: someone, anyone please help..

I would spend five or six more months paying down your current obligations, then try again. In the meantime, open a bank account with your local credit union, to establish a relationshipand grease the skids for your refi six months down the road. If you already have high obligations, your only options are to pay off some of those obligations, or get a job to increase your income. Really though, I'd go for a one-two punch if I were you, and get a side job to *Pay off* those extra obligations even faster, and maybe even pay down your current loan a bit.

 

Your score looks pretty good, you're just a little maxed out on payments right now.