My FICO score is 630. I have credit card debt of 70K. Mine used to be 690 couple months ago(50k debt). I had to take money for personal investment(95% of credit line used).
I was thinking of buying an house(340k). What would you guys suggest? Will I get a mortgage with this score?
Wait until my score improves? I was thinking of paying off 90% of debt in 3-4 months.