Most professional LO's wouldn't frown on that 2010 late - that was 6 years ago. They don't judge. After all, they want to make the loan. If that is all that you are waiting for, then make the leap now.
What are you waiting for? lol. Anything over 4 yrs i was told wouldnt have much of an impact on your score, Ive had some recent collections some off which increased my score 10 points each 20 points but if you are planning on a new build you will have time to get those off and an FHA loans rates wont fluctuate much between middle scores being slightly higher.
My middle score were 634 at the time of apping and i have since had 2 charge offs come off and will be closing late feb early april and the last one is due to fall off then and my LO is aware and will rerun my score for the better rate at a later time.
yea. My LO called today and said the rates were steadily increasing since last week, hopefully they go down by the time I lock my rate in around Jan.....