Great News for Chicago Area FHA homebuyers ? Rule to Require Payoff of Medical Collections is Overturned

Great news for any prospective Chicago area homebuyer who have more than $1,000 in medical debt. The Federal Housing Administration (FHA) is backing off from their previous plans to deny applications for those with major medical debt. The previous plan was supposed to go into effect in April, but was then put on hold until [...]

Source: http://www.ptmortgage.com/blog/2012/07/04/great-news-for-chicago-area-fha-homebuyers-rule-to-require-payoff-of-medical-collections-is-overturned/

short sale approval refinancing mortgage real estate