Should I apply in 2018 or 2019

[Anonymous]

 Im wanting to buy a house, I just dont know when it is the right time to pull the trigger on the decision. I am going to apply with NFCU, because they offer a first time home buyer programs where I do not have to put any money down and there is also no PMI.

I have the following accounts:

PLOC: $15,000 (no balance but will use to leverage debit)
NFCU: $24,000 (Balance $4,700) New 04/2018
Discover: $13,500 (Balance $0.00) 2013
Chase: $10,000 (Balance $0.00) 3/2017
Citi Card: $5,000 (Balance $0.00) 2013
J.C. Pen: $1,900 (Balance $0.00) 2017

Captial one: $200 (Balance $0.00) 2011

Total credit available $69,600. Current utilazation approx 7%. 

Wife car balance ($4,500) Estimated pay off (07/2018)

My car  balance ($10,200)

After applying for the PLOC and having a few new accounts should I wait to apply for a loan or just pull the trigger after my wife's car is paid off?

My current credit score is 778 and my wife is a 720. That will lower after the hard inquiry hits my credit report. 

[me12345]

So long as you qualify, the time is now!!!

Waiting will only cost you more money. (Higher rates, higher home prices)

Your score are fine, the utilization does not factor into a mortgage loan. However DTI does, and as long as your income supports your payments, you are good.

Thanks,

[Anonymous]

NFCU pulls from Equifax morgage company for a home loan (FYI). My score 689 but my ratio little bit high 36% . Good luck.

[homeloanexpert]

At 36% DTI, that's a piece of cake. Don't sweat it!

Best wishes to you.