+2 votes
asked in FHA Loans by
We received conditional approval and they started building house. House will be done soon and they will pull credit again. Will they run DU again for FHA loan? Or do they just pull credit and re-check income/asset documents? We used a credit card, but paid hit off yet it will not update on credit report in time. We can provide proof it paid off.

1 Answer

0 votes
answered by (21.4k points)
DU will be run throughout the loan process if there are any changes with credit/income profile. Credit card balances are fine. If you go over ratios, you can just pay down the credit card balance and we can rapid re-score. You will be fine.
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