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Discussion in 'Credit Talk' started by fquan59, Sep 25, 2003.
Thanks in advance
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For FHA the debt can still be listed but must be $0, just like judgments...$0. FHA only requires the debts be paid off. If it's paid, then it's out of collections, right? Have the CA send or fax you a letter the debt is $0, and paid in full and you are free and clear of it forever. Normally your lender will accept this to process your loan. Been my experience, so it's worth verifying with your lender.
So if that's the case, eith the loan officer or the underwriter didn't know what they were talking about? Hmmm...time to check out someone else.