Established Contributor
Posts: 619
Registered: ‎09-26-2011
Re: (Hopefully) My Journey to Homeownership

My tenacity continues to be challenged.


She talked to the UW today about switching from USDA to FHA and now they can no longer include my promissory note as income.  After trimming every possible thing, I am $27 over the max back end the UW would sign off on for FHA. Front end is still well within the ratio.


She said I have 3 options:

Pay off the marital home somehow

Refinance car

Get divorced


I'm going to my CU in the morning to see what, if anything, they can do to help me out.

Starting Score: 10/1/2011 EQ 568 TU 593
Current Score: EQ 664 TU 700 EX 701 (FAKO)