 getting ready to apply for mortgage
I am in quite a pickle.......
As I have previously mentioned on this forum, I have really improved my credit over the last few months but I still have a long way to go.
My fiance and I are looking for houses and are getting ready to apply for a mortgage. Her credit is excellent (almost 800) and my 3 scores are 643 (equifax) 606 (TU) and 587 (fico). I have been told by the loan officer that they will take the lower of our 2 middle scores and mine has to be over 620 to be able to get a FHA loan.
I have a pesky collection that I have been working on and i have mentioned on these forums before with Duke Energy that they have sent to a CA (for only $196). Duke tells me that they are going to send me a statment of account so I can pay them directly and then I am going to start "fighting" the CA to get it off my report. I also opened a crown jewelers card last week that they said would report the first week of May. My "question" is this.....is there any short term boost I can give to my credit or just stall on going and meeting with the loan officer. Can I find a loophole to get the CA to remove the collection right away (i know I'm reaching here)
Any imput would be appreciated, I'm really sweating this one.
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