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.
Best Answer: Past due accounts remain on the credit report for no more than 7 years starting from the date you went delinquent (Stop Paying) Credit agencies sometimes get the starting date reported wrong from the creditor. A bankruptcy will remain on credit report for 10 years, from date of discharge.If you apply for credit and they check your record, it will stay on you credit report for 2 years.ven if a delinquent account has been paid it can remain on the credit report for 7 years 180 days from the date of first delinquency. Paying the debt is not grounds for removal. You should have negotiated a pay for delete agreement. Daryl G I know what I am talking about.