Do you have a credit card that has to be paid off each month?  When you finance a home, evaluating this type of credit can get a little tricky.  Let’s talk before you start looking for your home to avoid any bumps in the home financing road!

Related Article Title: 30-Day Accounts – Payment or Reserves – What Is Required? Question: Our client has an open 30-day account.  The credit report has a monthly payment associated with that account. DU is requiring reserves, and when I search the Fannie Mae guidelines, I get two different answers about how to treat this debt […]

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