Another benefit to going with an FHA loan is the higher loan limit, which is as high as $729,750. This can be a real lifesaver for those living in high-cost regions of the country (this limit has since dropped to $625,500 as of 2014).
How long it stays on your credit report: CCJs stay off your credit report if you pay your debt in full within 30 days of receiving the order.Otherwise, it will stay on your credit report for six years from the day of judgment, regardless of payment.ow long it stays on your credit report: Although a DRO typically lasts a year, it will stay on your credit report for six years from the date the arrangement starts. Defaulted debt.
Our SBA Loan is in default and we have been getting calls from Pioneer Credit Recovery. We originally got the loan through US Bank. Hoping you can help reduce the balance. The loan was for 25,000 we paid 5,000 in payments before we stopped paying due to the bad economy. The department of Treasury took our Tax Refund this year of $2900.00.