Ok, here goes...
I have really worked to get my credit back on track over the past year after my soon to be ex-wife kinda decided not to pay bills for a bit.
I am looking to get a VA loan through NFCU or Veterans United. My mortage FICO are 567, 618, 633. Not great...but as of 8/10/19, thats where they stood. i have gained a few points over the past week and a half in my middle TU. IDK if that translates to 2 points for a 620 which seems to be the minimum for a VA loan.
Here's my issue.
With the Syncrony PayPal crap that is about to drop on my credit in September, which will add 3000/3500 to my debt...do i roll the dice right now before all of this drops?
My current cards and debt are...
Key Bank - 0/1800
Key Bank - 0/4100
Chase Slate - 100/2000
Jared - 0/7600
Chase Freedom - Closed - Still owe 5500/7600
Cavalry Port - Paid - Waiting for it to drop off sometime in the next two weeks.
We are selling our house, which will give me enough money to pay off the Chase 5500 and the 3000 of the Paypal.
Roll the dice now, or wait, take the hit on my credit, pay it off and wait for all of that crap to cycle through?
Well I'd do whatever it takes not to have any recent negs hit your reports. This may sound far fetched. But I'll throw it out there. Grab a 6 month lease at an apt. Sell the house. Pay off all the balances. Scores will rise up and then apply for the loan. Seems like a lot. Or grab a HELOC to pay them off and then sell. Then all can be paid. Just throwing example out there. Kinda stuck between a rock and a hard place. Good Luck!