Credit
Can I get FHA with charge-offs?
Short answer
Often yes. FHA usually does not require charge-offs to be paid before closing, but the underwriter wants to see they are old, isolated, or explained.
Plain-English explanation
Recent charge-offs hurt more than aged ones. An ongoing pattern of charge-offs hurts more than one isolated incident with a clear story. Lender overlays may add requirements.
What can change the answer?
Recent late payments, thin credit history, disputed accounts, lender overlays, and automated underwriting findings can change the answer.
Want the real answer for your file?
FHA guidelines are the rule. Your credit, income, payment, property, and county limit are what decide the actual answer.
More FHA questions on Credit
Educational only. FHA guidelines, lender overlays, rates, fees, and underwriting requirements can change. Final eligibility depends on full underwriting review.