Did you know that collections do NOT have to get paid off on an FHA loan and if an underwriter is requesting that to be done, that is a JUDGEMENT CALL on the underwriter’s part?
Anyone who tells you that it must be paid off in order to qualify is trying to sell you Kool-Aide. Don’t drink it.
Call me or shoot me a text message with questions on this or any other scenarios you might have at 1-216-780-1103. You can be in Alaska, Hawaii, Maine, Vermont, Florida or Timbuktu. I am always available and absolutely LOVE scenarios. Everyone says that they are 24/7, call me and just watch.
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#khashsays
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