Collections, charge-offs, and disputes each get treated differently depending on the program. Here's what actually counts against you when buying in Clifton Park.
Under this, FHA/VA/USDA ignore them entirely.
Excluded from DTI on FHA — no payoff required.
The strictest minimum score of any program covered.
VA sets no floor — most lenders overlay 580-620.
A busy, family-friendly suburb midway between Albany and Saratoga, served by the highly regarded Shenendehowa schools. Expect strong demand for its subdivisions, amenities and quick Northway access. Imperfect credit doesn't rule you out of buying in Clifton Park — most collections and charge-offs are far more forgiving than people assume.
Full FHA, VA, Conventional, USDA, SONYMA, Non-QM, Jumbo, and Land Loan detail lives on the Credit Challenges page — here's the quick comparison.
| Program | Typical minimum FICO | Collections rule |
|---|---|---|
| FHA | 580 (500-579 w/ 10% down) | Under $2,000 total ignored |
| VA | None set by VA — 580-620 lender overlay | Under $2,000: pay down or 5% DTI factor |
| Conventional | 620 | Standard agency treatment |
| USDA | 640 automated; manual below | Under $2,000 total ignored |
| Land Loan | 660 (600 if two borrowers) | Strictest of any program here |