Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!


Posted in Mortgage
Profile Image

Question By

0 Contributions
0 People Helped
90+ late payments... I applied for a conventional home loan. Lender said no problem!
My mid score was 626... Lender said paying down 2 credit cards down to less then 30% on each would get me over the 640 needed for a conventional loan. Everything is is fine, job history, income, DTI(35%). lender is goigng to do rapid restore after I print him new balance on both credit cards. Question is has anybody had luck doing those? Even with the 90+ late payments still on credit report? My spouse is also on the loan app and has credit score in low 700's with do baddies on credit but income is much lower.

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.


Reply to this Question

Write your response:
Enter Your Comments

The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.