Posts: 9
Registered: ‎10-03-2012

Defaulted Student loan and FHA mortgage

Can someone answer this  question. If I've had a student loan that defaulted andwas paid off in May of 2012. Would I be denied an FHA loan?

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Posts: 96
Registered: ‎12-20-2012

Re: Defaulted Student loan and FHA mortgage

If you rehabbed the loan and paid it off you're fine.Most if not all negative TLs would have been deleted. If you just PAID it off then you would have to wait 12 months from your last reported late payment.
Super Contributor
Posts: 6,579
Registered: ‎07-03-2007

Re: Defaulted Student loan and FHA mortgage

they are a part of your credit profile.... but nothing about that automatically disqualifies you.



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