Approval from NVR Mortgage

[foofighter74]

Nice! Well, congrats on the approval.  At least you have that to fall back on in case you don't find a better deal elsewhere!

Oh, and Jim Cantore from The Weather Channel is in your area, expecting massive amounts of snow.  So try not to get snowed in! lol

[MrChairman]

Foo,

I had to hump it and come into work today. I am active duty military so nothing stops our show sadly...

[Autumnslight]

The "incentives" here are kind of junk - a bonus room or finished basement for $6,500 instead of $10-11k. But I have no intention of paying their "list price". I'm still working on my initial offer to them, but right off the bat I'm thinking of asking for about $22k in free options, which would bring the house from about $270k to $248k. We'll see how that goes. I'm going to offer to take a lot in a section of a development that I heard the sales rep mention they haven't been able to get anyone to buy in yet, so I'm hoping that helps.

[ranjen1]

I'm curious about the 640 mark, do you have old baddies and a 640?  W have old baddies that everyone wants us to pay, buit they are all over 4 years old, so I don't want to throw all my money at them, I am close to 640 but not quite there.  What area did you buy?  We are looking at Dan Ryan homes in WV..

[MrChairman]

I have one baddie from 07 a cap 1 charge off that was paid about 9 months after it got charged off.

[CinInMin]

Where does NVR get their scores from?  Is it a FICO score or Equifax.  I am concerned because there is a 100pt difference in my two scores.

[foofighter74]

NVR uses Transunion 04, Equifax will match the score sold here. Most, but not all people, find that their TU score is higher than the TU98 score sold here.

[CinInMin]

I just ordered my score from this site but it says on the score page under my score "Your Equifax FICO score is good".   So for NVR, should I purchase another score to see what NVR sees?

[Adalen]

It is likely the same Equifax score.  The TransUnion score that you pull here will likely not be the same.

[CinInMin]

Should I be worried?