I dont know what to do to raise my score.
One of my daughters had/s epilepsy and the medical bills, even with coverage (balances) were too much to keep up with, although she is an adult now there are still a couple of dings on my report from 2008. Aside from this I have 3 credit cards all below 5% usage, and a paid off auto loan.
I dont know how to better my score , and really want to know if any bank will finance me with 636 score if I have 30K to put down (In california). Any help would be appreciated very much!
To be able to help you you're going to have to give more info about
Where are u getting that score from
What's your price range
The experts on this board will help you .
make 60k annually
only debt is combined (from 3 credit cards) balance right now (after x-mas roughly 500.00, intned to pay off by eom Jan
*Just paid off my car November
I have no debt,
My Fico score is from this web site..
Mortgage lenders don't use the same scoring model .
The only way to find out whether or not u will be able to get a mortgage and for how much is to actually apply for it.
That's what I would do. Apply and if any issues arise u will have time to correct them
That score is good enough for a mortgage. Last year I was approved with a 612. I never went through but was still approved. Score is only a small part of the approval process. What matters most is debt to income and payment history. If you have that kind of money down the IMO would only further the security of the loaning bank. Best thing is to apply at a bank and see. People seem to have greater success with home banks they have established relationships with.