MortgageCurrentcy Subscriber Library

30-Day Charge or Open End Accounts

Description:

30-Day charge accounts or open-end accounts require the user to pay off the balance each month.  This chart outlines the agency rules [Fannie Mae, Freddie Mac, FHA, VA, USDA] for determining how the 30-day account should be reflected in the client’s debt ratio.

Document type:

  • Chart/Checklist

Agency:

All Agency

Download:

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