Pre Approval

Anonymous — Tue, 03 Jun 2014 02:10:39 GMT

I have been working on repairing my credit for quite some time.

since the stadt of my journey the score requirement has raised from 620 to 640

i spoke with a mortgage broker today and my middle school needs just 4 Points in order to get any sort of pre approval

i have some charge offs / collections 4 but, I they are old and my fear is that paying them will now just hurt my score due to the age.

Aside des from that I just need 3 disputes to clear

ideally I wanted to start this process now but no later theN august would I like to have my scores right so I can start this new road

what can I do to get my score up

tu 685 ex 636 eq 608

Re: Pre Approval

ezdriver — Tue, 03 Jun 2014 19:27:06 GMT

The score is not your problem. Ther other stuff has to be all resolved first ... then you seek preapproval. A four-point deficit alone would almost never prevent a loan officer from issuing a preapproval. The stipulation would be that the credit score has to be higher at some point prior to closing. FHA loans are granted with score below 620 ... but 640 is the entry point for automated underwriting.

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Pre Approval

Re: Pre Approval