Credit
Can I get a mortgage with a charge-off?
Answered by Onias Derilus, Mortgage Capital · NMLS# 1859012 · Florida licensed mortgage broker
Often yes. A charge-off is a defaulted account the creditor wrote off, but it doesn't automatically block a mortgage. FHA is the most flexible, and underwriting focuses on your recent payment history.
Large charge-offs may need to be addressed, especially if they threaten the lender's lien position. We'll review what's reporting and structure the file so it can clear.
Related Credit Questions
Have a follow-up question?
Talk to a licensed Florida mortgage broker — no cost, no obligation.