I've been reading this forum for months now soaking in all of the USDA info that i could but i have never posted.
My boyfriend and I are 21 and wanting to buy a house in the $140,000 range together in Texas.
With employer for 2 years in December of this year.
Salary is $26,000 a year and i make around $5000 in commission a year (just started earning commission in August)
According to credit karma (which i know isn't accurate) my TU score is 667 & my Equifax is 654.
I have 2 credits cards (Care credit $973.77 out of $3000 limit) (Capital One $1257.60 out of $2800) I am paying these off as quick as i can.
I have a car loan that's $344 a month and we have a joint loan that's $430. The minmum amount of CC payments i have a month is $75.
With employer for a year in November, never had a gap in employment.
He makes around $25,000 a year w/o overtime (he works around 70 hours a week until winter comes around) he gets overtime over 40 hours and it's $18 an hour so i'm not too sure on how to calculate his income.
Credit Karma shows his scores are TU 642 and Equifax is 626.
He has 2 credit cards (Capital one $421 out of $1800) (Gander mountain is $350 out of $500) he is also working on paying these off completely, neither of us use our credit cards for regular spending, only emergencies at this point. Minimum payments for his are $50.
He is on our joint car loan that is $430 listed above on my portion.
We have no late payments or collections or anything bad on our record. We both have one closed auto loan each due to me paying off my car and he refinancing his. We pay all of our bills on time every month.
Right now we live in apartment and pay $650 for rent. We don't have much in savings. Any advice would be appreciated, just wanting to know if it's even possible to be approved before i risk the hard pull! Thanks in advance!!
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