Go to the bank or credit union that you use, and seek their advise. My mortgage broker that I use has a computer program that tells which is best to do, pay off bills, increase down payment or whatever that will increase your credit score to make the sale go together.
Many new home builders have inventory - some of which they own, and you might be able to find one who will carry the financing - so you may not have to get a conventional mortgage.
If you want the name of my great mortgage broker, its Craig Gough, his cell number is 301-399-5630-he is great!
Bill Wootan - Tue Oct 20 2009, 11:45