ambrvan

4luvof2boys

I was reading your FFFC and wanted to tell you if you can, don't wait to buy a house.  Interest rates have never been lower and they are going to start rising again in 2014.  I don't know what the renters market is like where you are (if I remember correctly you live in TN?) but if it is anything like here (also TN) it is actually much cheaper to own your home.  We would pay $300 or $400 more a month to rent the same house we own.  It would be worth investigating.  Also, you don't want to pay an extra .5 or 1% over 30 years (that's a lot of money).  

If you don't know what is happening in your market I can PM you with some more information (as a courtesy - I'm not trying to sell you anything).  Hope you don't mind the unwanted advice.    I addressed it here because anyone else thinking about buying a home can read it too (if you are going to buy - now is the time).  You've had a lot on your plate lately and I'd like to see one of those things you mentioned happen for you.

ambrvan

I appreciate the thought and the advice. And if were currently able, we would be working on buying a house right now. As it is, our credit is not quite there. After talking to a couple of different loan officers for advice, we are almost there. We know exactly what we need to clear up on our credit reports to be able to get a mortgage. After DH starta working, it should hopefully take us no longer than a year to get where we need to be. That is if DH cooperates and prioritizes the same as me. We really have to be on the same page to get where we want to be.

4luvof2boys

I completely understand and am glad you know what is happening with your credit.  I work with people who have never seen their credit report until I pull it for them the first time.  DH and I were in the same boat when we first got together we had 37 bills (bad financial choices in our young 20's).  It was ridiculous.  It took us 5 yrs to clear everything up - much longer than I thought.  It sounds like you have already investigated and have a plan in place.  Wishing you luck on your journey.  I just didn't want you to miss out if you hadn't already spoken with someone about qualifying.  You deserve good things.

ambrvan

Thank you, I appreciate that.