SkunT

on the VA loan? USAA told me the VA wouldnt even think about it until the repo was off...along with cleaning up some other ----...but thats all done.

GhostOfDr.Boost

If that's the only/last negative item on your report and it does infact drop off(you might have to call/write letters/bitch/complain) your score will jump quite a bit. Having 10 old negative items on your credit report has near the same effect as having 1 negative item and deleting 9 of them won't help your score much.

If this repo is old enough to be dropping off(depending on your state, but usually 7 years)it shouldn't have much of an effect on your credit decision. I know things have tightened down quite a bit, but back in the day(last year)they were approving people with charge-offs, repos, BK's, collections, you name it.

As long as all of your recent ---- is straight and you aren't showing any signs of ------- up, it shouldn't be a problem.

Also, ---- a down payment. Put as LITTLE as possible down. They will make it happen. Everybody who is to gain from your sale will make sure of it. The owner of the home you're buying will bend over backwards and suck your **** while slipping 20's in your pocket. Take advantage of the situation.

88dx

Sounds like i need to buy a house

GhostOfDr.Boost

lol when I bought my house the owner put something stupid like $8k down for us just to close the deal. We didn't really put down ----. If I remember right it was like $1500 TOTAL and that was with the $550 inspection. Our first payment wasn't due for like 2 months and we had a shitload of money in the bank that we thought we needed for a downpayment, but ended up keeping for upgrades.

monster D

and thats some real ---- right there when we bought our house we paid zero ans in nothing down and the owner paid for everything it was the bomb ---- fo sho