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BJones2014

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FICO confusion.
I purchased my FICO score from Eperian which was 711, my creditKarma says 610, so which do i believe and would i be able to buy a house...I make around 69K a year

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FICO trumps all.

No one uses Vantage 3.0 score. Banks, credit card companies, mortgage lenders, credit unions, Guido the loan shark...they ALL use FICO. In fact, they probably have never heard of the Vantage Score. Now, the FICO score can vary based on which credit bureau's data is used to calculate the score. And it will be different depending on what kind of loan you're looking for. The FICO score mortgage lenders pull is different than the one that credit card companies pull. They're both different than the one banks usually pull, which is the most generic score, and the one that usually gets quoted first.

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With a 711 FICO, you should have no problems getting qualified for a mortgage, in TX the lowest number is 640.  Your Total Debt to Income Ratio for a conventional mortgage cannot exceed 35% and for a FHA loan cannot exceed 43%.  You'll have to calculate that one yourself.  Divide your total monthly debt obligations by your total income to get the percentage you're at now.  Best of luck!

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