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.
In general, a bankruptcy will continue to appear on your credit report for 10 years after the filing date. Individual accounts may fall off your credit report after seven years and 180 days from the start of the delinquency.reat question. There are set time frames for how long negative information remains on a credit report. This link explains how long and why certain information remains on your credit report: http://blog.equifax.com/credit/faq-how-long-does-information-stay-on-my-credit-report/.