FHA debt to income ratios

[Anonymous]

I was recently pre-approved for a low mortgage loan. I recently got $1800 in collections removed. Will this effect my debt to income ratio and allow for an increase of my mortgage loan?

[ShanetheMortgageMan]

If:

1.  The $1,800 in collections were non-medical

2.  Before they were removed, you had $2k+ in non-medical collections

3.  There wasn't a payment plan for any of the $1,800 in collections you got removed

Then removing the $1,800 in collections would reduce your monthly payment calculation by $90/mo, and would increase the amount you could qualify for.