Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Going through the mortgage proccess now. 5% downpayment on conventional loan through Wells Fargo, PITA and Debt to Income both under 28%. Consistent, salaried income. Middle Credit score 765.
My mortgage broker said my problem is I don't have much of a credit history. My first credit card was opened 3 years ago. My second credit card was opened last summer. Never missed a payment on either. No negatives on credit report, but no other credit history.
My mortgage broker said I can use rent, utilities, cell phone etc. but my roomate pays the rent and utilities (I just pay him). The only regular payments I make are my monthly cell phone bill and a semi-annual check for my car insurance (never late).
Has anyone had issues with underwriters coming back looking for more documentation? Will this be enough?
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
