Life circumstances possibly warrant a rapid purchase of a house. I wasn't quite where I really wanted to be on my repair, but was curious if it was worth trying.
1) Scores:
Equifax FICO 8 - 659
Equifax FICO 5 - 638
TU FICO 8 - 657
TU FICO 4 - 663
Experian FICO 8 - 646
Experian FICO 2 - 608
11 paid car loans over 10 years (I have car ADD)
2) Negs
EQ/EXP - $74 Medical Collection that came out of the woodwark from a 6 year old hospital visit.
TU/EXP - $666 AT&T Collection from possible ID theft (have letter from Secret Service, cell service is with Verizon)
EXP - $486 Comcast collection, possibly same thing as AT&T
I've been aggressively rebuilding, so lots of new CC's opened in the last 2 years.
3) Gross Income - $180k base salary, other comp as well.
4) Source of Income - Normal job
5) Debt Payments
$285 Personal Loan @ 16%
$842 Personal Loan @ 12%
$671 Car Loan @ 5%
CC's reported at 17k out of 52k (22 accounts open)
6) Employment is W2, just started here this month, although have been in the industry 18 years, have been at this same comp level ($140k+ for 6 years)
7) Assets
- Have 55k in 401k
- 10k in Checking
- 6k in Reserve Savings
- 7,500 Secured Visa
- 3,000 Secured Visa
- 30k in Brokerage
- 9k in Ethereum
8) Location is Seattle area.
9) Property would be Single Family Home
10) Looking for maybe around 500k-600k?
11) Primary residence/first time home buyer.
12) Purchase
