Posted on: 22nd Jan, 2011 12:57 pm
A civil judgement was filed against me by a collection agency for a cedit card debt. I have been making payments for over a year. Will i be able to qualify for a fha loan or do i need to pay off the judgement first? I have not had a late payment on anything in over 2 years.
As you're already paying off the judgment, there are chances that you will qualify for the FHA loan. However, not all lenders will be ready to give you an FHA loan unless you pay off the judgment in full.