FHA Loan with Medical Collections Most collections or charge offs on your credit report will negatively impact your ability to qualify for a mortgage. In some instances, you may still qualify but for a lesser amount if the unpaid balances are being counted against you in your back-end debt to income ratios (DTI). Can I …

FHA Rules for Homes in a Flood Zone Many consumers are shopping for a home that may be in a FEMA designated flood zone. If you plan to have a mortgage on the home in a flood zone, you will likely need flood insurance. However, you also need to determine whether you are able to …