Alright background investigators, I need some help determining if these are just hurdles or automatic DQ’s.
Credit is bad. I was furloughed, and eventually laid off. Income was impacted, and so was my credit. Only debt I have is a new mortgage and one credit card with a 3K balance. Both have late payments reporting. Now current. Used my severance to get caught backup. Can I articulate an excuse, or is this a deal killer?
Lastly, I am unemployed. My wife and I decided I would take the roll of being a stay at home dad, and focus on this career change. Some users on this forum said its a huge red flag. Daycare is $1600-$2000 a month, and a “regular” job would simply be paying for daycare when I can do that myself. No one in the industry with my skills is hiring until the market gets better. Another deal killer?
Everything mentioned above is also mentioned on my PHQ’s. I aim for complete transparency.
I accept all hate that I may get, so let me have it.
I appreciate the help and responses.
Thank you,
Credit is bad. I was furloughed, and eventually laid off. Income was impacted, and so was my credit. Only debt I have is a new mortgage and one credit card with a 3K balance. Both have late payments reporting. Now current. Used my severance to get caught backup. Can I articulate an excuse, or is this a deal killer?
Lastly, I am unemployed. My wife and I decided I would take the roll of being a stay at home dad, and focus on this career change. Some users on this forum said its a huge red flag. Daycare is $1600-$2000 a month, and a “regular” job would simply be paying for daycare when I can do that myself. No one in the industry with my skills is hiring until the market gets better. Another deal killer?
Everything mentioned above is also mentioned on my PHQ’s. I aim for complete transparency.
I accept all hate that I may get, so let me have it.
I appreciate the help and responses.
Thank you,
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