For those of you who have disputes, and either don’t have time to get them removed, or are having trouble getting them removed there is a way to get a mortgage with the disputes still on your report.
FHA manual underwrite.
FHA’s rule is that if you are disputing accounts who’s balances exceed an aggregate of $1,000 then the file is automatically downgraded to a manual underwrite.
…but, you can still get approved for a mortgage with a manually underwritten loan.
Just wanted you to be aware of this.
That’s it for today!
Have a good day today! …and thanks for reading.
Brett
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