Zillow Advice RSS: Question-Discussion-Guide,Credit Scores,GA http://www.zillow.com/advice/GA/mortgage-credit-scores/question-discussion-guide/ Zillow Advice search results | Zillow Real Estate USDA direct loans info? http://www.zillow.com/advice-thread/USDA-direct-loans-info/536389/ I want to apply for a USDA direct loan but I'm worried I won't qualify! I just want some input while waiting on my local USDA office to return my call. I live in GA. I have been employed with my employer for 5 years. I only gross $1000 a month. My credit score for experian is 663 the others are closer to 600. Is there any way I might get qualified?<br \><br \>4 replies Mon, 14 Apr 2014 17:41:00 GMT http://www.zillow.com/advice-thread/USDA-direct-loans-info/536389/ 2014-04-14T17:41:00Z 629 FICO, Can I buy a home? http://www.zillow.com/advice-thread/629-FICO-Can-I-buy-a-home/535199/ I want to be really up front to see if there is anyone that can help me. &nbsp;My family wants to be in our new home before school starts in August. &nbsp;Within the next 2 months I am going to pay off all credit card debt, hoping to increase my score.<br/><br/>We currently own a home, so we are not first time home buyers. &nbsp;We will hopefully sell our home for $30,00 over what we paid as this is in line with the comps. We will use a large amount of that towards our down payment, but that money will not be available until our home closes. &nbsp;Our income is about $90,000 a year and would like to purchase a home for $165,000 or less.<br/><br/>&nbsp;My husbands FICO is higher than mine, when I pulled it last year it was a 662. &nbsp;Can we even buy a home? &nbsp;If so can you help?&nbsp;<br \><br \>8 replies Fri, 04 Apr 2014 23:41:00 GMT http://www.zillow.com/advice-thread/629-FICO-Can-I-buy-a-home/535199/ 2014-04-04T23:41:00Z How to improve credit score? http://www.zillow.com/advice-thread/How-to-improve-credit-score/531045/ Hi, My credit score is about 650. And I am looking for home around 300K.<br/><br/>Because of my low score last year I reduced usage of credit cards and currently&nbsp;my monthly credit card limit is&nbsp;&lt; 800. And also my monthly car loan installment is <br/>275. Also, total balance on car loan is around 6000. <br/><br/>My question is - if I payoff my remaining car loan amount (which is 6000) straightaway, would that increase my credit score? or should&nbsp;I just wait and &nbsp;pay monthly installment on time to increase my score gradually.<br/>Please consider that I want my credit score to improve now so that I could get better mortgage rate.<br/><br/><br/><br \><br \>7 replies Wed, 05 Mar 2014 17:23:00 GMT http://www.zillow.com/advice-thread/How-to-improve-credit-score/531045/ 2014-03-05T17:23:00Z possible to buy yet? http://www.zillow.com/advice-thread/possible-to-buy-yet/530294/ Husband and I (just married 2012) both rebuilding credit after BK. &nbsp;I am over 4 years out, he has prior BK which will fall off credit report later this year. &nbsp;My credit score now 687, his 650. &nbsp;Income # 1: 80K, Income # 2: 45K &nbsp; Have been renting 4 yrs, never late. &nbsp;I lost my home as part of my BK, so it is not clear to me if this counts as foreclosure or is it part of the bankruptcy. &nbsp;Basically do not understand the rules of trying to buy again following such a devastating financial event. &nbsp;We are very much wanting to buy soon. &nbsp;We live in middle Georgia, wanting to understand the rules regarding buying again for our situation and really wanting to do so as soon as possible. &nbsp;Any advice? &nbsp;Thanks.&nbsp;<br \><br \>7 replies Fri, 28 Feb 2014 02:54:00 GMT http://www.zillow.com/advice-thread/possible-to-buy-yet/530294/ 2014-02-28T02:54:00Z Looking for Lenders that can give loans with 580ish scores http://www.zillow.com/advice-thread/Looking-for-Lenders-that-can-give-loans-with-580ish-scores/524171/ Im looking to purchase a possible fixer upper around the Stone Mountain Area (Georgia) and i have a credit score of at-least 585 or so. May be higher for the other 2. Almost 7 years on the job. Wife just started a small part time job after having our little one. Houses are ranging from 70k-100k. Ive been renting for 3 years in the current house and have never missed a payment. Will have about 5-7k to put down. Problem is I may have to sign my lease again as my time is running up in February unless i can work out a month to month. Any lenders on here that can help me find financing?<br \><br \>5 replies Sun, 12 Jan 2014 06:50:00 GMT http://www.zillow.com/advice-thread/Looking-for-Lenders-that-can-give-loans-with-580ish-scores/524171/ 2014-01-12T06:50:00Z Is it possible to get a home loan with 580 credit score in Georgia? http://www.zillow.com/advice-thread/Is-it-possible-to-get-a-home-loan-with-580-credit-score-in-Georgia/516036/ 4 replies Sun, 20 Oct 2013 22:42:00 GMT http://www.zillow.com/advice-thread/Is-it-possible-to-get-a-home-loan-with-580-credit-score-in-Georgia/516036/ 2013-10-20T22:42:00Z Judgment/Tax Lien - Post Satistfaction http://www.zillow.com/advice-thread/Judgment-Tax-Lien-Post-Satistfaction/515498/ Hello My husband has 2 judgments that we are budgeted to have completely satisfied by Feb 2014. We would like to attempt to have them vacated from his credit report, how do I find out what court to contact to see we are able to have them removed from public records? &nbsp;Also, how long will it take for him to boos his credit after satisfying the judgment? He just got a very small credit card to use once a month for gasoline in order to establish good payment history.<br/><br/>I have a tax lien that we are budgeted to pay off by next month - November 2013. &nbsp;This is the only thing besides late payments and some recent collections that is keeping my score down. &nbsp;I am addressing the later issues, but how long will it take for the lien to not hurt my credit any longer?<br/><br/>We are running into the problem of having done what we can to improve our credit and save a down payment, but the scores may not have bounced back by early 2014. &nbsp;Thank you!<br \><br \>5 replies Wed, 16 Oct 2013 14:33:00 GMT http://www.zillow.com/advice-thread/Judgment-Tax-Lien-Post-Satistfaction/515498/ 2013-10-16T14:33:00Z Credit score confusion http://www.zillow.com/advice-thread/Credit-score-confusion/513526/ <p align="left">Someone please explain to me the "ole credit naive one" why is it we are asked to check our credit reports and scores, when these score we see are not the scores the lender will see. We are being asked to correct or improve on the scores that we think are good, then when we apply for the mortage the lender gets different numbers. Please explain how this works so in preparation I can come out with my head held high.<br/>Thanks in advance.</p><br \><br \>4 replies Mon, 30 Sep 2013 15:48:00 GMT http://www.zillow.com/advice-thread/Credit-score-confusion/513526/ 2013-09-30T15:48:00Z Will I be approved for a home loan? http://www.zillow.com/advice-thread/Will-I-be-approved-for-a-home-loan/476711/ I am single, earn 63k a year and would like to look into purchasing a home and give up renting.&nbsp; I pulled my credit scores and there was a large difference in scores. Ranging from 550-660.&nbsp; I'm not sure with those scores if I will be be approved from my credit union or my bank. There was some difficulty in my past credit history, but I have in the past 3 years not missed any payments and paid off a vehicle.&nbsp; I have 4 credit cards and all but 1 are within 30% of the credit limit.&nbsp; I currently rent for $1050/month.&nbsp; What should I do to proceed? Work on my credit scores or talk to the credit union and see where I stand?<br/>Thanks<br \><br \>6 replies Thu, 31 Jan 2013 06:31:00 GMT http://www.zillow.com/advice-thread/Will-I-be-approved-for-a-home-loan/476711/ 2013-01-31T06:31:00Z WHAT CAN I DO TO BUILD UP MY CREDIT? http://www.zillow.com/advice-thread/WHAT-CAN-I-DO-TO-BUILD-UP-MY-CREDIT/458635/ DUE TO MEDICAL CONDITIONS I DIDN'T PAY MY BILLS ON TIME, AFTER I RECOVERED I DID BUT I HAVE MOSTLY NEGATIVES ON MY CREDIT REPORT. NOW MY DREAM IS A HOUSE, BUT WHEN I TRY TO APPLY FOR A CREDIT CARD TO BUILD UP MY CREDIT IT'S ALWAYS DENIED AND THAT MAKES EVERYTHING WORSE. THANKS IN ADVANCE<br \><br \>3 replies Wed, 05 Sep 2012 07:13:00 GMT http://www.zillow.com/advice-thread/WHAT-CAN-I-DO-TO-BUILD-UP-MY-CREDIT/458635/ 2012-09-05T07:13:00Z My home is paid and we want to take advantage of the low rates and borrow 100k home value is 225k http://www.zillow.com/advice-thread/My-home-is-paid-and-we-want-to-take-advantage-of-the-low-rates-and-borrow-100k-home-value-is-225k/449964/ my current fico score is 650, would I be better off going 15 yr conventional or 15 yr fha.<br/>and what can i expect to pay in costs for a 100k loan to close<br \><br \>2 replies Fri, 06 Jul 2012 23:17:00 GMT http://www.zillow.com/advice-thread/My-home-is-paid-and-we-want-to-take-advantage-of-the-low-rates-and-borrow-100k-home-value-is-225k/449964/ 2012-07-06T23:17:00Z Just went through a short sale due to job layoff, now working for Gov't, what can we do? http://www.zillow.com/advice-thread/Just-went-through-a-short-sale-due-to-job-layoff-now-working-for-Gov%27t-what-can-we-do/433046/ was layed off in Jan of 2010, now employed by fed gov't!&nbsp; sold previous thru short sale, looking for a new home in our new home state of Ga, what can we do?<br \><br \>4 replies Sat, 25 Feb 2012 21:56:00 GMT http://www.zillow.com/advice-thread/Just-went-through-a-short-sale-due-to-job-layoff-now-working-for-Gov%27t-what-can-we-do/433046/ 2012-02-25T21:56:00Z Is there *any* way to get a loan after a short sale 12 mos. ago? http://www.zillow.com/advice-thread/Is-there-any-way-to-get-a-loan-after-a-short-sale-12-mos-ago/429848/ Had to take a job in ATL in 2010 (relocating from Orlando), and after trying to sell my home in Orlando for nearly year, finally had to do a short sale in early 2011 to stop the bleeding. Credit score now in low 600s. Is it basically impossible for me to get a loan? I have a large family with kids, and we are not having good renting experience in ATL (current home we are renting, we found out, is getting foreclosed!). What if I get a co-signer? Or large down payment? Or sell my soul to the devil lol? Help!!<br \><br \>2 replies Wed, 25 Jan 2012 14:02:00 GMT http://www.zillow.com/advice-thread/Is-there-any-way-to-get-a-loan-after-a-short-sale-12-mos-ago/429848/ 2012-01-25T14:02:00Z What can I do to get more (or better) quotes for my loan request ZR-KHWYSLH http://www.zillow.com/advice-thread/What-can-I-do-to-get-more-or-better-quotes-for-my-loan-request-ZR-KHWYSLH/429701/ <p>HELLO I AM LINDA AND I AM TRYING TO GET A HOUSE WHILE THE MARKET IS LLOW.&nbsp; I DON'T OWE ANYONE BUT FOR A CAR.&nbsp; EVERY THING ELSE IS PAID<br/>FOR.&nbsp; I WANT TO BECOME A HOME OWNER.&nbsp; A PLACE FOR MY FAMILY.&nbsp; SO WHAT I NEED TO DO TO BUILD UP MY CREDIT .&nbsp; I AGREED TO PUT DOWN 3,500.00 DOLLARS FOR A DOWN PAYMENT ON A 35,000.00 HOME.</p><br \><br \>1 reply Tue, 24 Jan 2012 00:09:00 GMT http://www.zillow.com/advice-thread/What-can-I-do-to-get-more-or-better-quotes-for-my-loan-request-ZR-KHWYSLH/429701/ 2012-01-24T00:09:00Z What can I do to get more (or better) quotes for my loan request ZR-SJYVSKC http://www.zillow.com/advice-thread/What-can-I-do-to-get-more-or-better-quotes-for-my-loan-request-ZR-SJYVSKC/429349/ I would like to purchase a foreclosed home in GA&nbsp;but my credit score is low. i have to move in may and&nbsp;no longer&nbsp;want to rent most <a href="http://www.zillow.com/directory/lenders/">lenders</a> are advising me to repair my credit but that would take some time.I have a few positive on my credit reports.<br \><br \>3 replies Fri, 20 Jan 2012 01:00:00 GMT http://www.zillow.com/advice-thread/What-can-I-do-to-get-more-or-better-quotes-for-my-loan-request-ZR-SJYVSKC/429349/ 2012-01-20T01:00:00Z I filed Chapter 13 Bankruptcy in 2009. Can I qualify for a HUD Home ? http://www.zillow.com/advice-thread/I-filed-Chapter-13-Bankruptcy-in-2009-Can-I-qualify-for-a-HUD-Home/410669/ 3 replies Sun, 07 Aug 2011 18:15:00 GMT http://www.zillow.com/advice-thread/I-filed-Chapter-13-Bankruptcy-in-2009-Can-I-qualify-for-a-HUD-Home/410669/ 2011-08-07T18:15:00Z LOW SCORE http://www.zillow.com/advice-thread/LOW-SCORE/408769/ CAN i STILL GET A HOME LOAN IF MY CREDIT IS AT 628 FOR EXPERIAN, EQUFAX 528 . TRANS UNION 573 IS IT STILL POSSIBLE!! PLEASE HELP<br \><br \>7 replies Sun, 24 Jul 2011 17:08:00 GMT http://www.zillow.com/advice-thread/LOW-SCORE/408769/ 2011-07-24T17:08:00Z 20 percent down http://www.zillow.com/advice-thread/20-percent-down/393776/ I can put 20 percent on a home, but my credit score is low do to a major heart attack and lack of income. I now have a income and trying to pay the over due bills which is less the 10,000 dollars. What choices do I have to buy a home&nbsp;<br \><br \>3 replies Tue, 05 Apr 2011 20:30:00 GMT http://www.zillow.com/advice-thread/20-percent-down/393776/ 2011-04-05T20:30:00Z What can I do to get more (or better) quotes for my loan request ZR-NCMQRMN http://www.zillow.com/advice-thread/What-can-I-do-to-get-more-or-better-quotes-for-my-loan-request-ZR-NCMQRMN/384754/ 0 replies Sun, 06 Feb 2011 06:03:00 GMT http://www.zillow.com/advice-thread/What-can-I-do-to-get-more-or-better-quotes-for-my-loan-request-ZR-NCMQRMN/384754/ 2011-02-06T06:03:00Z My husband and I are tyring to get approved, our middle scores are 630/642, debt/income ratio fine, http://www.zillow.com/advice-thread/My-husband-and-I-are-tyring-to-get-approved-our-middle-scores-are-630-642-debt-income-ratio-fine/372184/ We are wanting to&nbsp;spend about $150K&nbsp;and we want to put $10-15K down. The morgage officer we were working with at our bank said our debt/income ratio was fine for that amount of house, however the deal breaker was the fact that right before he met me(January 2009), my husband gave up a car (he could no longer afford it)&nbsp;as a voluntary surrender because a moron friend of his told him it wouldn't hurt his credit. He has been at his job almost 8 years. I don't really have anything negative on my credit, just student loans which are in good standing, and I paid off my car this month which I'm sure hasn't been reflected on my score (I was never ever late). Any advice on how we could get approved soon? We were told to wait 6 months but we'd rather not!<br \><br \>7 replies Thu, 21 Oct 2010 23:48:00 GMT http://www.zillow.com/advice-thread/My-husband-and-I-are-tyring-to-get-approved-our-middle-scores-are-630-642-debt-income-ratio-fine/372184/ 2010-10-21T23:48:00Z