So I was recently pre approved for an FHA Home loan. I am officialy under contract. Before my LO sent everything to underwriting she took another look at things. I had a collection account on my report from a repo. They ran the numbers and said if I were to settle it and get it deleted my mid score would jump to 700.
I called AFS and settled for 2500 on a 8k collection. Literally while I was on the phone with them i received the letter statiing The TL would be deleted upon payment!!!
It was a seasy as calling them up!
Starting Score: EQ-563 TU-515 EX-578 VANTAGE-609 September 2013 Current Score: EQ-639 TU-627 EX-625 VANTAGE 662 Goal Score: 700 All Around