al But Not Ready To Purchase Yet...
10-11-2012 07:00 AM
I really do want to buy a house at some point in the future and stop renting. I am just weiry of the entire mortgage process and to be honest, with $97k in student loans, a $16k car loan, and really no huge amount of reserves beyond my 401k and about $3k in my NFCU savings, I'm wondering if I even qualify for a mortgage. So my question to you all is would it be wrong to see if I can get pre-approved for a mortgage and find out what if any amount I can get approved for even if I am not looking to purchase in the next three months? Also, I make $60k a year and have been on my job for 2 years but at my previous job in the same healthcare field for 10 years.
Starting Score: 686 TU / 683 EQ 01/17/2013
Current Score: 696 TU / 692 EQ 05/18/2013 / 674 EX 02/26/2013 (amex app)
Goal Score: 700 across all three
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