cancel
Showing results for 
Search instead for 
Did you mean: 

Will I be pre-approved for a USDA Direct loan with a charge off reporting as open?

Established Member

Will I be pre-approved for a USDA Direct loan with a charge off reporting as open?

I have a charge off cc from 2 years ago reporting under one company as closed by consumer (even though they sent me a charge off letter)  and reporting under another company as Open under a partial agreement and late.  I have NEVER entered a partial agreement with any company.  I have never even heard from this company before.   I have disputed it with TU but am waiting to hear back.  I have no other negative information on my account.  Should I hold off on filling out the pre-approval packet to USDA for a Direct loan until I hear back?  I am currently house shopping and my Realtor would like to have the pre-approval done.  Will this prevent me from being pre-approved?

Message 1 of 1