Just received a Green tree approval and they keep referring me back to the FANNIE GUIDELINES which are a bit confusing to me .

My first question is a credit card that went into a judgement and thus a lien on the property fall under the Junior lien guidelines ? Green tree is saying NO , The property has a lien with a company called Mid land Funding for $8000 , Green tree is saying even if we negotiate this down we cant use any of the approved  $6000 towards the lien  because Fannie Mae will not allow credit card debts to be part of pay off . ( original dent was Capital One ) 

We are getting $6000 towards Juniors lines and a $3000 BUYER CREDIT FOR CLOSING COST ? We had asked for a seller relocation or cooperative short sale credit and was denied that , never asked for the buyer credit , but will take it since she may have to pay off this lien .Did they approve a 3000 buyer closing cost credit anticipating that the buyer would have to negotiate these liens ? 

The second question is HOA dues , there is another lien for $5800 , this represents about 4 years of delinquent dues . Green tee is saying 6 months is the max that Fannie will pay , is that 6 months if they are just delinquent ? , this is a lien , so will they pay the whole $5800 since we have $6000 towards Junior Liens ? 

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FNMA guidelines are 6,000 max to subordinate mortgage liens only to my understanding. They won't allow contributions to show on the Est. HUD either towards the judgment. Unfortunately the seller will be pushed to settle those liens outside of escrow if they want to get this transaction closed.

Let me know if you need anything at all or have any questions.

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