Removing 'dispute' necessary for FHA?

[bgibs12]

We're applying for an FHA loan as soon as my husbands student loans update on his credit report. I had disputed some items in September because of the dates. One, which is an old collection for a credit card, is still showing up as disputed. I think the balance is $1100.  Will that affect our approval? How do I get it removed? If it won affect approval, isit worth it to get it removed?

[DallasLoanGuy]

outstanding disputes downgrade the file to a manual underwrite.

haveing them removed makes things go smoother.

i guess other lenders could look at it differently.... but that is how we apply the guidelines.

[bgibs12]

How do I do it? Also, since on my husbands credit report, will they allow me to call?

[DallasLoanGuy]

i bet he will have to call.

tell them you disputed some things a long time ago. and some comments remain about disputing. tell them this is holding up your home loan.

you may have to telk to more than one person. my clients tell me that some will play dumb

[JM-AM]

Dont tell the collection company its holding up your home loan!!!

They will make things 10x as hard.

[DallasLoanGuy]

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@JM-AM wrote:
Dont tell the collection company its holding up your home loan!!!

They will make things 10x as hard.

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yeah, i guess i was vague.

i meant to say call the bureaus to get these removed.

[DallasLoanGuy]

http://ficoforums.myfico.com/t5/Mortgage-Loans/Best-Way-to-Remove-quot-Account-In-Dispute-quot-for-M...

see shane's post on page one

my clients have had great success doing this

[Anonymous]

My LO told me any CO under $500 and With disputs are ok with them 

but any CO over $500 they need the coments remove