Hi everyone. I am a 1st time homebuyer and am trying to get approved for a FHA Home Loan. I’m about 20-40 points shy of getting approved (I need my middle score to be 640). I have a number of medical collections but have been told they don’t count that in the scoring.
I’ve completed the initial paperwork and everything looks good (e.g. income, DTI ratio, etc.) but my scores are the biggest problems. Any tips on how I can quickly boost my scores in the next few months? Looking to buy asap since we may need to move from the house we’re renting (landlord selling). Thanks in advance for your help.