topic Re: How do we look for next year VA Loan in Mortgage Loans

How do we look for next year VA Loan

Anonymous — Sat, 23 Jan 2021 20:09:08 GMT

Hey All,

Hubby and I want to get ready to buy a house next year. How do you think we are looking?

Hubby middle mortgage score 644

Income: 42k

Student loan: $36000 couple late payments in 2017

2 cc AZEO

Myself middle mortgage score 645

Income: 35k

Several baddies but all zero balances (2017 the last one)

2 medical collections $300 (PFD in progres)

4cc AZEO

Saving money as we speak $4k now but of course will save more. Will use VA (no funding fee). We have paid off our vehicles as of 2019. We are trying to climb back but understand it takes time.

Re: How do we look for next year VA Loan

Mortgage-Specialist — Sun, 24 Jan 2021 04:12:30 GMT

You both look to be in a respectable position currently and can most likely be approved now. You're on track to be in even a better position by this time next year

Re: How do we look for next year VA Loan

Anonymous — Sun, 24 Jan 2021 17:32:20 GMT

Thank you. I would like more cushion so we are not house poor I just wasn't sure what role the student loans would play. Thank you!