jisaac

Is there a method by which I can obtain a copy of my CAIVRS report?

Thank you for the replies and information. If anyone is aware of a PMI insurer willing to insure someone 2 years after a short sale please let me know. Does FHA go by the information on my credit report as my credit report does not show a short sale or settled account?

Wanted to add, documents were files with the county clerk of courts stating that I have been released from the mortgage debt.

A few years ago I got trigger happy with the AMEX CL button on their website. I had an old Delta card with a small limit of $1k. I PIF monthly. AMEX sent AR paperwork to me while I was traveling (proved because I was using their card while out of town) and needless to say, when I did respond it was too late (or so I was told). Anyway, I did pay the balance off on that card in installments (so not to lose the tradeline) since the interest rate was so low. I finished paying it off recently and would like to open a new card with them for the rewards. Will they take me back? Can you open an AMEX card again after your old account was closed due to an account review?

Hi all, Want to thank everyone on this board for their great input. I have not had too much to contribute, but have benefited greatly from advice in the different forums. Would like to get some of your input on this situation. In December of 2009 FHA/C1ti approved a short sale that eventually closed in January of 2010 on a small condo. As I am in Florida and this was my primary residence there was no recourse for the negative balance ($80k) after the sale. The short sale closed successfully although I had no late payments. As of now, my three reports show the mortgage as "paid as agreed" with no payments since March of 2010 (figure that) and no reports to my credit since early 2010. Each of my credit reports show a balance on the mortgage when they last reported, but nothing new has posted since early 2010. My scores Ex 707(Plus) EQ 668(FICO) TU 700(FICO) with two open car loans total 880/mo. I have credit card lines totalling $47k and balances of $17k. I have no lates reporting to my credit, a student loan with a balance under $1k and about 10-years of credit history. My wife has very little on her credit reports; three credit cards combine to lines of $22k with $4k balance, 1 paid car loan, and when I last pulled her Fico she was 740/73? - creditkarma shows her at 762. She is a S@HM with our daughter I have income of $75k (verifiable) and monthly extra income from contracts/consulting of $950-2300/mo. We are interested in buying a house and wonder what our possibilities are. I have some cash in the bank and could pay down balances on credit cards (probably near zero by year-end). If I do this I will not have much left for a down payment. With my past short sale would I be able to return to FHA for a mortgage? If not yet, how soon? Or, am I better off going traditional mortgage, keeping the cc balances in place (most is @ 0-1.8%), and working to put 20% down? We will likely buy a home in the $200-240,000 range if that will matter. Thanks in advance. Let me know if you need more information.

Looking for a little advice here in hopes I have come to the right place: My wife and I were married this past spring and she moved into my the condo I own in Florida after the wedding. Her name is not on any of the paperwork and my name is the only name on the FHA backed mortgage and title of the condo. Since getting married she was unable to find work here and some additional unexpected costs tightened the ability to make our mortgage payments. However we have remained current and have no late payments reported to any of the CRAs. We have worked with our lender Citi towards a short sale and have offers in to them for review and hopefully approve so we can be out by mid-Dec. They have already qualified for a short sale and as of today say a response to the offer will be available shortly. My father in law has offered to give us money for a down payment should we be able to buy a home. With the current condition of the housing market, homes which are nicer than our current condo can be purchased for less than the principal on the mortgage we are short selling. Under what conditions would we qualify for a new mortgage? I have read in a few places conditions of individuals short selling a home and their CR reading "Paid as agreed". Likely this is uncommon but does anyone have comments or ideas that would point toward this result? Thanks in advance for any related advice or comments! - Isaac