I got my fico from Equifax today because I wanted to see where I was. Equifax was the lowest of my 3 credit reports so I was pretty anxious to see how my credit has changed since May which is when I officially started my homeowner journey.
As of May my Equifax was 603 (the other two were mid to high 600's) and thats horrendous I know. The good news is that as of today my fico is 620. This means that in 2 months i've raised my score 17 points. Yay me! This is wonderful news because i'm hoping this means my other two scores have gone up as well. Remember that with an FHA loan they typically use your middle score. Well, kind of.
There is another report they use in the mortgage industry which i've forgotten the name of. I will update and advise on my next entry. Anyway, this special report had me at a 616 score as of May so i figured it would be no problem to get a few extra points to raise me to 620 to get my loan. So i said all this to say that if my lowest score went up 17 points then i'd have to assume that the mortgage report definitely should be past 616 as well.
Tomorrow I am going to see 2 more fha properties so i'm pretty excited about that. Also next week we should know if I my offer has been accepted.
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