Posted on: 17th Aug, 2010 03:05 pm
Hi, Husband and I are wondering if we should attempt to pre qualify....this is where we are at right now. With my SSD and my Husband wages we earned 59k, my husband pays $251 a week child support arrears and this will end in 12 months, we have IRS taxes that we have been making repayments for over a year in the amount of $125 a month through a payment agreement with the IRS, NO LIENS. Credit Cards about $100 a month. Credit Scores are for Husband-689 TU and 650 EQ, don't know Experian, Mine are- 714 TU and 670 EQ, no Experian. We pay $953 amonth rent. Do you think we may qualify for a mortgage with what I have provided.
Hi evies,
With the credit scores that you've mentioned, you will be able qualify for a loan. You need to contact the local lenders and apply for a pre-approval. The lender will go through your financial situation and let you know whether or not you would get a mortgage.
This community has a large number of lenders. You can seek a no obligation free mortgage quote from them and this will help you in knowing the rates and terms you might receive.
Thanks
With the credit scores that you've mentioned, you will be able qualify for a loan. You need to contact the local lenders and apply for a pre-approval. The lender will go through your financial situation and let you know whether or not you would get a mortgage.
This community has a large number of lenders. You can seek a no obligation free mortgage quote from them and this will help you in knowing the rates and terms you might receive.
Thanks