All Forum Posts by: Javier Fernandez

Understood, thank you everyone for your insights!

Okay, so initially I thought the number of lines of credit was a deal breaker when getting qualified, but from this thread I'm seeing that just the credit score and DTI is whats really important. With my FICO score ranging from 680-720 right now, I can expect it to be even higher 3 years from now.

As for the DTI, i'm fortunate because my scholarships cover all of my school expenses, so i'll graduate with zero debt! My question however is will i still qualify if i just started at my first full time job? Because my goal is to buy a house after i graduate, so hopefully i will be fortunate enough to get hired at well-compensated, full time position. But is having, say, only one or two paystubs from that new job enough for lenders to recognize that i have a stable income?

I'm a sophomore in college right now, and i have the goal of saving money for my four years and buying a multi-family home owner occupied. As of now i only have a secured credit card that i've had for almost a year now. My fico score ranges from 680-720. I want to know if i'll be able to qualify for a mortgage 2-3 years from now if i only have my secured credit card and maybe a second card that's unsecured? I don't want to waste money on a car loan when i can buy it out right (which i did already). I'm from the Boston area, i'm guessing location makes a difference when getting qualified.