Okay, some of you know about our move to AL from TN to take a new job.
August '04: we move in to a rental in Alabama. My credit score at the time was 621. (keep this number in mind...it affects the rest of the story) Hey, coming off of a bankruptcy (discharged Feb '03), coulda been worse. We were told to make sure not to let anything negative happen, since it was right on the verge of going too low to get financing.
March '05: We sold our house in Tennessee, and immediately used the proceeds to pay off ALL debt.
Anyway, we found an awesome house and a GREAT price.
I started mortgage shopping, only to find that my credit score has DROPPED nearly a hundred points since August!
WHISKEY TANGO FOXTROT?
?
Start investigating, and it turns out during the bankruptcy, we had inadvertently missed a house payment and for 9 months afterward, was making our "on time" payments exactly one month late. AAaaarrgh!
My wife really wants this house. I really want this house.
We can EASILY afford the house, if we can just get financing.
What can I do?
Feel free to PM, email fignozzle at yahoo dot com, or reply on the board.