<prompt> Human: So I was trying to get pre-approved for a home loan so I filled out the loan application process online and after several days of gathering the necessary documents I was declined. I received a statement of credit denial, termination or change which stated that I had: insufficient number of credit references provided. limited credit experience. income insufficient for amount of credit requested. 140,000 Excessive obligations in relation to income.my FICO credit score was 766 at the time of application.I thought the bank told me how much I was pre-approved for and the number I gave them was just a ballpark number. I thought if I requested too much they would just pre-approve me for less.I think the main thing against me is that I only rented for a short period of time 8 months about a year ago and have lived with my parents since then and havent had any major bills to develop a creditpayment history. I do have a credit card I have been paying off each month but it is only about 6 months old currently. I also have student loans but they arent required to be paid off until i graduate so I havent started paying them off yet. I could start making monthly payments anyway though so I can give them payment history. Is there anything else I can do to develop a history quick? Would a credit builder loan help? Would a second credit card help assuming I pay it off every month?I still want a house though and I would like to move into a house in early November at the latest so I feel like I dont have enough time to build a history. Perhaps I am young and stupid and I just started too late to develop a history. Edits: Yes, I am in school but will be graduating in may. I have an Internship that pays well and i can almost work full time since i only have 9 credit hours.current income: 40,000 year. technically a little less than full time.income starting in May: 58,000 year.current student debt: 13,500. I could pay all of this off but I wouldnt have as much of a down payment.I have 17,000 saved currently. so would it be best to pay it all off and just save everything for the next few months? I have enough income that waiting could make a big difference in the amount of money that I have saved especially since I dont have a lot of expenses because I am currently living with my parents.I do have a signed contract for after graduation. I am going to be in this city for at least three years since my fiance has PT school here so I think buying is still the best option for me. I really dont like the idea of renting since it feels like Im just throwing money away.Above I said that I requested a 140,000 loan but I could probably go as low as 110,000any suggestions?thanks for all the replies so far!  <response>: Sounds like you are still in school. Do you even have a full time job? It is going to be EXTREMLY hard to qualify for a mortgage loan 1-2 years out of college. 