Newsflash: 775 credit make 52k a year and i was pre approved for 130k – something is wrong?

right, so my husband doesnt have a great credit but we are planning in buying a home. I have a steady job working for over 2 years makes about 50ish a year and i have 775 credit scores. Under my name i have car loans and i use my credit cards often and pay them full in the end of the month. Why did i get such a low loan pre approval? I dont understand…. i was expecting at least 200k. oh and i have no debt.

Read more at https://www.reddit.com/r/RealEstate/comments/50jesd/775_credit_make_52k_a_year_and_i_was_pre_approved/?utm_source=ifttt

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s