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Rector : Real Estate Advice

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Mon Jul 31, 2017
Chuckwright1963 asked:
Tue Jul 24, 2012
Mortgage Girl answered:
I am a lender and underwriter it is not lender policty it is FHA, Fannie and Freddie. If you are going FHA yes they will have to be settled but, you can usually pay off 50% of the balance. Conventional you most likely will not have to. It helps if you have compensating factors, such as high mid score, assets, job time, bigger down payment.

email: tacksweety@yahoo.com for more help
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