Okay, I got my home loan!! Just heard from my loan officer a few minutes ago!! This is the information I always wanted to see when I see the above lines so here it is... 115,000 on a 100,000 valued property/30years@6.75 conventional (through my credit union, yay!) Actual/OnLine Scores: TransUnion/655/? Experian/680/681 Equifax/643/643 My current derogs: I have one judgment (paid) for 300.00 from 18 months ago, 1 paid collection from 5 years ago and a 120+ (not late for the last 16 months). Job: 5+ years.
Sorry. that was 100,000 on a 115,000 dollar home, oops. And I only inquired with one lender, which brought my score down about 11 points on Experian, and I don't know yet on Equifax.
Congrats!! I was all set to make an offer on a house we found this week and of course it sold the night before. This is the 2nd time this has happened. Oh well, I'll keep looking. Enjoy the house.
Congratulations !!!! what a great rate, too... I know this is something very special !!! PS, thanks again for the library letters
