How do we stand we these scores?

[Anonymous]

Happy Holidays !!!

My husband and I plan on applying for a new construction loan in the next few months and looking for feedback on how our scores stand. These scores were just printed from Fico 3B.  Discharged from BK 13  9/14

Me:

Eq:   (5) - 703

Tu:   (4) - 748

Exp: (2) - 706

Husband:

Eq:   (5) - 728

Tu:   (4) - 772

Exp: (2) - 714

[nmjacobs]

Are these your FICO 8 or the mortgage scores (those are under the "other versions" section of the report)?

[Anonymous]

See the (). These are the 3B Equifax score model 5, the TU score model 4 and Exp score model 2.  All mortgage scores.

[Anonymous]

if those are your morgage scores you should be fine, unless your DTI is out of wack then your going to run into problems.

[Anonymous]

Not worried about DTI, pretty good. I am worried about the BK that was discharged in 9/14.   

[Anonymous]

Turns out my fear was justified. The bank that the builder uses wont even consider a construction loan with a BK on file.  

[elim]

bummer...  sorry.

the search continues!

[Anonymous]

dont give up.i was told by alot of people realtor and some morgage lenders i couldnt get a hud foreclosed doublewide that needs repairs,one morgae company called yesterday said i have 3 potentialm lenders who will,so im a little more hopeful now.ill know soon after christmas

[Anonymous]

Trying to clear the lump in my throat and get some hope here, but not looking good so far.

I wish you the best of luck, BigRed !! I really hope this works out for you. A nice Christmas present.

[jamevfan]

Nice scores beach but you do not have to use the builder lender unless they are offering some crazy good incentive. Im worried about my scores we are in the middle of a build and i had to take the dispute comments off my file and it has dropped my scores to where qe are borderline. However i still have crazy Faith that the home is ours. 

Shop or ask around because some banks will pick you up with a BK, read some of the forums on recent BK and getting a mortgage im sure you will be just fine