How Underwriters View Collections on Mortgage Loans
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How Underwriters View Collections on Mortgage Loans

HUD, the parent of FHA, does not require you to pay off the outstanding unpaid collection account balances in order to qualify for FHA Home Loans. However, FHA will count a percentage of any outstanding non-medical collection account balances.

Bad Credit Mortgage Guidelines on Purchase and Refinance
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Bad Credit Mortgage Guidelines on Purchase and Refinance

This guide covers bad credit mortgage guidelines on home purchase and refinance. Mortgage borrowers can qualify for home loans with…