Apartment Rental - CAN WE GET APPROVED?

Anonymous — Sun, 11 May 2014 21:24:14 GMT

Hi - My husband just got a job in FL so we're relocating in June and plan to rent an apt until we can sell our existing home up north.

I have somewhat decent credit (high 600's/low 700's) while my husband's scores are in the low 600's. He has an IRS tax lien we are paying on and a charged off credit card that killing his score.

We both had some issues paying our mortgage on time in 2011-2012. We've paid it on time since 10/2012 and other than the issues I noted above on my husband's credit there are no other derogs. We have no landlord history because we've owned our home since 1996. I have 2 Amex (paid on time-NPSL) and 2 credit cards with $4000 total CL - 7% util. We both have student loans -(always paid on time). I have an auto loan and a personal loan (always paid on time).

Will we have issues renting a decent apt until we're ready to buy due to the late mortgage payments and my husband's low credit scores? Our total income is $140,000.

My last lender pull was 704/714/734. When I pull FICO it's 668/685/716

My husband's is around 634 for all 3 CA's.

Re: Apartment Rental - CAN WE GET APPROVED?

Revelate — Sun, 11 May 2014 21:50:48 GMT

Really shouldn't be a problem.

Would note that if you have an Installment Agreement negiotiated with the IRS that you're paying under, that you can get that lien airstruck under their Fresh Start guidelines.

topic Re: Apartment Rental - CAN WE GET APPROVED? in General Credit Topics

Apartment Rental - CAN WE GET APPROVED?

Re: Apartment Rental - CAN WE GET APPROVED?