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Charged Off School Loans

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700bound09
Valued Member

Charged Off School Loans

Im in the process of looking for a home and need advice in regards to this since I may go FHA.

 

Had 6 loans that I defaulted early right after finishing school due to some financial issues. 2 of them ended up getting paid by claim in 01 and the other 4 I ended up rehabing and currently current on them.

 

Now my question, I know these have fallen off my credit report since they were paid by claim in 01, will these come up while applying for a FHA loan thru CAIVRS? Since they were paid by claim I guess these were federal loans.

 

Any help would be great.

Message Edited by 700bound09 on 04-22-2009 07:27 PM
Message 1 of 2
1 REPLY 1
LynnInMN
Frequent Contributor

Re: Charged Off School Loans

If they are unpaid federal loans, you are disqualified from FHA.  They will find them.  I suggest you log into NSLDS and find them and get them resolved.
Ex-Financial Aid Officer

Ex-Student Loan Collector
Message 2 of 2
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