gissyNYC Posted May 4, 2007 Report Share Posted May 4, 2007 So after 1.5 years of dealing with the CRA's i have managed to remove ALL negative TL's from my CRs. Except for a CA. It went delinquent in 2003 and the CA started reporting in 06. I already called the OC and they said they have nothing to do with it anymore. I sent the CA AFNI a DV letter, but they only sent me a letter with the name of the OC, original amount and acct #. From what i read on these boards AFNI has not been good at doing PDF's so i decided to leave it alone.Will that 1 entry affect me alot if i apply for a mortgage?Are my scores any good?My Fako Scores areTU:712 Equ:651 Exp:659My Fico Scores areTU:659 Equ:753 Link to comment Share on other sites More sharing options...
timbercreektech Posted May 4, 2007 Report Share Posted May 4, 2007 I think with those scores you should have no problem. I had a higher TU (729) and lower EQ (685) and got a 30 YR. 6% Fixed just last month. Of course, income and down payment amounts have lots to do with how much and at what rate you qualify for.If the collection is high buck, the mortgage provider may require you to pay.Additionally, the market has turned into a buyers market. The interest rates have increased (tax deducible anyways) but there are lots of good deals out there. I got a 1.5 year old (originally 249,000) home for 149,000! Link to comment Share on other sites More sharing options...
gissyNYC Posted May 4, 2007 Author Report Share Posted May 4, 2007 thanks.. Oh yeah my CA amount is for $748.00 from Nextel Link to comment Share on other sites More sharing options...
redbank Posted May 4, 2007 Report Share Posted May 4, 2007 I think you will be well off at getting a good interest rate. Good luck! Link to comment Share on other sites More sharing options...
TheRoadBack Posted May 4, 2007 Report Share Posted May 4, 2007 go to a knowledgeable mortgage broker and you should be fine in my opinion. If you want you can pm firstsource on this board as he is a mortgage broker and happens to be excellent. Good luck! Link to comment Share on other sites More sharing options...
malcolmkms Posted May 4, 2007 Report Share Posted May 4, 2007 Additionally, the market has turned into a buyers market. The interest rates have increased (tax deducible anyways) but there are lots of good deals out there. I got a 1.5 year old (originally 249,000) home for 149,000!WOW! Great Deal Link to comment Share on other sites More sharing options...
sambabchip1 Posted May 5, 2007 Report Share Posted May 5, 2007 but, if thats all you got pay at closing , than dispute, it will come off.thxsam Link to comment Share on other sites More sharing options...
2ndTimeAround Posted May 9, 2007 Report Share Posted May 9, 2007 ....It went delinquent in 2003 and the CA started reporting in 06...... I already called the OC and they said they have nothing to do with it anymore...gissyNYCThis is easy to do a disbute with the CA, they have 30 days to reply to your request to remove it from your CR. Disbutes average 2 wks for credit reports to be updated.With your credit scores, you should not have any problem getting qualified for a loan.Good Luck....... Link to comment Share on other sites More sharing options...
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