Removing Credit Disputes for FHA Approval

Mortgage and Lending with NMLS# 335055 335055

Removing Credit Disputes for FHA Approval

I just wrote an article about a recent HUD Guideline update regarding Disputed Credit Accounts.

While thankful for the change in guidelines.... There are still people who will need to remove credit disputes from the credit reports before they can get a loan.

FHA Update

Here is how it can be one.

1. Dispute the dispute. Yes, it sounds silly, but it is effective. Results in 30 - 45 days.

2. Get some documentation from the creditor documenting the dispute as 'resolved'. Results in 30 - 45 days.

3. Have your loan officer Rapid Rescore' your credit report. Some documentation may apply. Results in 3 - 5 days.


However you slice it, if the disputed credit acount is recnt or has a balance, FHA requires that dispute to be resolved.



Tom Burris

Dallas, TX

I write about Texas Home Loans , live in the Dallas, TX area and lend across the entire Great State of Texas!!

Your Texas FHA Expert and Dallas Mortgage Expert.


Texas FHA Loans- DallasLoanGuy

Comments (3)

Pat Champion
John Roberts Realty - Eustis, FL
Call the "CHAMPION" for all your real estate needs

Great advice for the home buyer it is good to know how to dispute credit issues. Thanks for sharing this information.

Jun 28, 2011 08:52 AM
William J. Archambault, Jr.
The Real Estate Investment Institute - Houston, TX


Be very careful with old disputes! Any contact with the reporter lets them hold your credit hostage another 7 years.

Consider suing them.

What ever you do talk to a credit professional first.


Jun 28, 2011 11:36 AM
Tom Burris
NMLS# 335055 - Baton Rouge, LA
Texas/Louisiana Mortgage Pro - 13 YRS Experience



I AM a professional.


They get their a$$e$ sued if they change the date of last activity.

And the consumer wins that case 100% of the time.



Jun 28, 2011 02:02 PM