For Conventional loans there is really no way around this. You will have to remove them.
However, for FHA loans you don’t necessarily have to remove them.
This is true for manually underwritten FHA loans.
So, if you are getting an FHA loan, and your loan office wants to remove the disputes. Ask your loan officer to have the file manually underwritten.
On a manually underwritten loan the underwriter can underwrite the loan “around” the disputes. …Ignore them in other words.
** In other news… Rates are really low right now. If you have considered lowering your term to 20 or 15 years – call me or email me to get a quote.
That’s it for today!
Have a good day! …and thanks for reading.
Brett
USDA is a 100% government insured loan. Low rates, and no down payment. However, there…
The bad news is that according to Redfin, 38% of U.S. renters don’t believe they’ll…
In Texas we have some unusual rules when it comes to getting cash out of…
If you pay your property taxes apart from your mortgage payment, and you didn’t get…
If you purchased a home using your own cash, and now would like to pull…
Did you realize that when buying a house from an immediate family member – the…
