Video Transcript:
A new medical bill on your report feels like a dead end. But for an FHA loan, the system sees it in a completely different way. I’m David Ghazaryan, and my entire job is to structure these loans. The FHA rulebook lets me completely separate that medical bill from your payments. Here is the core mechanism: underwriters are told to ignore medical debt completely. That balance is not added to your monthly bills when we check numbers. Your first thought is to pay it off, but we should think first. Paying it shows you are responsible, which helps if a person reviews your file. The credit reporting system itself has changed to help people like you. Paid medical bills are now deleted entirely, and small ones will never even appear. This one rule shows how the system can work for you, not against you. I explain more structures on my platforms. Find the article links in description.
Read Blog Here: https://www.iqratemortgages.com/blog/new-medical-collection-on-your-texas-fha-mortgage
