Fuuuuuuck.

L

Lonestar_eagle_5

New member
So, we just found out today that our (mine and 3D's) credit scores are just below the minimum needed to be able to secure ANY kind of loan. Even from the VA.

The thing that is hurting us the most is old, bad credit. Most of mine is medical bills. Most of his was racked up thanks to his previous wife.

It just sucks, I guess, knowing that we've got our wedding date set, and we don't have any place to live but this small 6x12 room in his parent's house.

Sucks getting your feet knocked out from under you, but I guess we have to keep trying.

Maybe we could rent a place until our credit scores are better? That might seem like the best option. The only part is - we have animals. Two dogs, and 1 cat. Most places DO NOT want bigger dogs.

:sad:
 
Is there any way someone could co-sign with you guys on something? I dunno if that's possible or anything, but I remember a while ago one of my friends who had bad credit had their mom or someone co-sign something so they could rent a place. Or maybe you could buy your groceries each week with your credit card when you know you can pay it off... Maybe that could help build your credit score?

I'm sorry though, I hope that everything starts to look up soon, and congratulations on your wedding in advance :happysad:
 
Damn...sorry to hear that Danni (and 3D). I know you had alot of plans for your own place all set up by your wedding date. It really sucks when shit like this happens.

Hopefully you can find a place to rent! Yes, lots of people don't like pets in the house, but there are a few reasonable people out there.

At the same time, the place I'm currently in had been overrun by cats. Apparently it was a mess. The bachelor I share the place with had found it and spent a whole bunch of time cleaning it up after talking to the landlord. Now, besides a couple very minor carpet stains, you can't tell that it had been let go at all.

Just an idea. :)
 
who told you, you cant get a loan from the VA?

Because thats a pile of shit. Read your paperwork more carefully. It's unlawful for a bank to deny you a VA home loan.
 
I was told that we have to go through a private lender, so I tried to go through Bank of Oklahoma. Apparently the VA goes by your credit score or something. At least that is what I was told.

Remember that I have no experience in loans whatsoever, and I'm JUST getting credit. Six months ago, I had no credit history.
 
Yeah, I was told I needed a credit score of 600 or more, and mine is only 528. What I was told over the phone is that it's not the bad history that's hurting us, it's the lack of recent good history.

I dunno. Maybe if there's a way to hook up with the VA Home Loan Authorities directly, I can get a different answer. However, Bank of Oklahoma's VA lender said "eh eh."
 
Eh, start dialin' numbers and demanding numbers and answers until you get to someone who actually has some authority to give you a VA loan. If DL is right...you should still be able to work something out!
 
See, this is what caught my eye:



Both of us have service connected disabilities. I'm probably about to get re-rated this month or next month for mine. 3D can't work a normal job because of his percentage of disability.

I don't understand why the bank is saying one thing, but the site says another. I also found on another site that it said you had to have good credit.

So now I'm fucking confused.
 
I think the bottom line is gonna be:

1. How much do these guys wanna borrow?

2. What is their credit history?

3. Do they both have income to support the payments?

4. Most importantly, are they really serious...how much money can they put down on this loan? (unfortunately, that last one really helps)
 
I want to only borrow enough to make a down payment on a house, or a small percentage of the value of the home. Payments won't be an issue due to the pension we get, and my upcoming job.
 
Apparently looking into the deal the lender isnt 'required' perse to give the loan.. the guarentee is from the VA to pay the loan off should you fail at it. Which you would think would be cool. The VA themselves have no requirements whatsover. However the private lender reguardless of the guarentee of payment can refuse the loan, under most cases because the VA loan program has a very low interest rate that the bank can neither profit off of to an obscene level or sell to an investor for obscene profit. Thereby violating thier religion...
 
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