Thanks Tim for the link, It does have a great information. I am renting place from my friend. So I dont have any certain date to pay rent. I do pay through bill pay but different date every time. How can FHA check that I am paying rent on time?
Thanks for your reply Tim. You are right. I talked to local FCU and they told me that can finance my mortgage loan if i pay all the unpaid collections. But it will be a long process. First I will have to pay all the collections then I have to notify all the CRA'S. It might be like 2 months process. What do u think?