USDA mortgage approval question

Do all accounts in collections have to be paid off in order to get USDA mortgage approval?

2 Answers

They may also want the smaller ones paid too...talk to a mortgage lender.

How to Deal with Illegal Loans..OhioGal's Primer
http://www.debtconsolidationcare.com/paydayloan/dealingwith-illegallenders.html
PDL's are ILLEGAL in the following states...
AR, AZ, CT, GA, ME, MD, MA, NJ, NY, NC, PA, VT AND DC
OH AND NH have very restrictive low cost interest rate laws.

SOL for all states
http://www.debtconsolidationcare.com/statute-of-limitation.html

Yes if the amount is large they need to be paid and show zero balance


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