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.
Then, the repossession itself will be listed in the public records section of your credit report. If the lender obtains a deficiency judgment for the balance of the auto loan, that judgment will also go on your credit report.These negative items will remain on your credit report for seven years.hen, the repossession itself will be listed in the public records section of your credit report. If the lender obtains a deficiency judgment for the balance of the auto loan, that judgment will also go on your credit report.