Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

Rector : Real Estate Advice

  • All3
  • Local Info0
  • Home Buying2
  • Home Selling0
  • Market Conditions0

Activity 2
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: for more help
... more
0 votes 3 answers Share Flag
Search Advice