Financing in 36532 : Advice

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Larry Hunter, Real Estate Pro in Fairhope, AL
Larry Hunter answered:
My client has a medical collection of $80 for 1 month on his credit report. It dinged his FICO more than 120 points! Mortgage folks-advice, please?
Liz,
Most mortgage brokers do not count medical collections, unless they are of an amount over $1,000. It is strange his credit decreased by the amount you stated. I always look on ... more
0 votes Share Flag Fri Oct 12, 2012 Financing in 36532
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