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Old 03-25-2015, 06:25 PM
 
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How did he get the 846 credit score? I am super responsible with my bills and I am only slightly above 800.
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Old 03-26-2015, 10:44 AM
 
Location: Somewhere in USA
537 posts, read 452,844 times
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Originally Posted by Quaker15 View Post
How did he get the 846 credit score? I am super responsible with my bills and I am only slightly above 800.
age factor...the longer you have good credit...the more score points you get added....
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Old 03-26-2015, 03:45 PM
 
Location: Phoenix, AZ > Raleigh, NC
14,297 posts, read 17,497,824 times
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Originally Posted by paris27 View Post
Thank you all for your input. I guess what I mean by him being responsible is that until Jerry Garcia died in '95 my boyfriend was a deadhead, traveling as a Grateful Dead groupie until he was in his thirties working whatever odd jobs he could but always paid his bills and saved 10 percent in retirement accounts. He then got into real estate and bought a tiny two bedroom house in Richmond Va where we both live. And the rental. So I think he did pretty good considering he was stoned half his adult life.
Ummm, Jerry Garcia died almost twenty years ago. Even if being a deadhead were a good excuse for not working, why hasn't he worked in the last 20 years?
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Old 04-01-2015, 07:31 AM
 
736 posts, read 562,439 times
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If he was verifiably self-employed for two years and put down 30% and still had $100,000 liquid he coud get a stated income loan.
Yes, I said it. That's right. It is still available but harder to get.
Who has this post financial crisis? Quite a few smaller regional west coast lenders have this special product with rates in the high 4's or mid-5's. I am not associated with these lenders. Astoria Federal may still be offering this for people in the tri-state area.
Personally, I would wait until his income is stable. There's no gold rush nowadays where your home will increase 20% a year like in 2002-2006. That should never happen again unless you get a fixer on the beach in an area that is undergoing gentrification.
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Old 04-01-2015, 08:45 AM
 
6,359 posts, read 7,324,210 times
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Quote:
Originally Posted by paris27 View Post
Thank you all for your input. I guess what I mean by him being responsible is that until Jerry Garcia died in '95 my boyfriend was a deadhead, traveling as a Grateful Dead groupie until he was in his thirties working whatever odd jobs he could but always paid his bills and saved 10 percent in retirement accounts. He then got into real estate and bought a tiny two bedroom house in Richmond Va where we both live. And the rental. So I think he did pretty good considering he was stoned half his adult life.
Well, he sure sounds pretty responsible to me.

Good luck.
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