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!

Question

Posted in Mortgage
Profile Image

Question By
tbuddz

1 Contribution
27 People Helped
On my way, When mortgage?
It has been since nov. 2012 I have received my discharge from bankruptcy. I have improved my credit score from 582 to 617 and it continues to grow. I have Capital One 300 dollar secured and Capital One 500 unsecured. No other loans or obligations. My lease is up on a house I am currently renting in august 2014. I don't want to wait until then to start working on a future home mortgage. The leasing company knows my situation and can relist the home I am in and release me if a suitable renter comes along. No penalties. I predict my credit will be over 640 by march. I am married and make avg 47k a year My questions are the following.
1. Should I close the secured card and only keep 1 for credit building?
2. Should I start working with a mortgage lender to line up my options?
3. Is there programs to help me get into a home that wont involve me paying out of pocket fees for the help?

Thank you.

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

View your scores and reports anytime.

SIGN UP NOW

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.