True or False?  Fannie Mae will not require you to pay off a collection when you finance your primary single-family residence. [Originators, reach out to those who respond and offer them your services]

Related Article Title: When Do Collections Need to Be Paid Off? Question: I have a conventional loan borrower with a $60,000 collection.  It is not a charge off or a lien.  When I ran DU the loan was approved.  Does the collection need to be paid off?  Your chart says it does not need to […]

A subscription is required to access this content—please view our available subscription options. If you are a current subscriber, please log in.

Scroll to Top