My wife has a credit score of 650, and I have a 620. We are both working on improvement of those scores. She does not have a job, I am active duty military 7+ years. We want to buy a home that costs about 180k. Annual income is about 41k. Will we qualify? Will they combine our FICO scores or just use mine since I am the only one currently working?
What is the best type of loan to get. I know to try using the VALoan. But what is best? Interest only loans? etc.
Posted in Home Improvement
Tagged credit, credit score, duty, FICO, fico scores, Home, improvement, Income, job, question, score, wife
I am interested in renting/living in an apartment in Los Angeles, CA. This apartment is so beautiful and spacious. The rent is expensive because it cost about $1500/month to live there. I know that L.A. is expensive, but I always wanted to live there when I was a kid, since I am from Chicago. I also noticed that landlords look at your credit report to see your credit, and I am not sure which credit report they would look at. I don’t want to get rejected because I really want to live at that apartment. I am also afraid that my credit score would be bad from the other two credit reports since I already know that one of my credit scores on one of my credit reports is good. My question is should I keep my fingers crossed and hope that I do get approved for the apartment or should I just forget about it and pray that I get the apartment?
Posted in Apartments For Rent
Tagged APARTMENT, credit report, credit reports, credit score, credit scores, fingers, landlords
What is the best mortgage company to go through that does business in Texas when you have a 592 credit score?
Posted in Mortgage Tips
Tagged best mortgage company, business, Company, credit, credit score, mortgage, score, Texas
I am trying to sell my old house and have reduced the price as much as I can. I cannot continue making 2 house payments much longer. If I simply allow the house to go into foreclosure and the proceeds from the foreclosure sale are less that what is owed, am I liable for the difference? The hit I would take on my credit score is not a major concern at this point.
Posted in Homes For Sale
Tagged Calif., cannot, concern, credit, credit score, difference, Foreclosure, foreclosure law, house, law, price, proceeds, sale, score