What can hold me back from a preapproval on a FHA loan?I have a credit score of 633. I'm having problems understanding what can hold me back from getting preapproved. I have some accounts in collections totaling $948 miscellaneous and $1435 in medical. I have a credit card paid on time for more than a year and student loans paid on time. Also my phone, utilities and rent are paid on time. I don't hold any car notes or any other loans. I make almost $60000 a year. I don't know if I should be paying these old collections off or not because I get different advice from different sources.Can someone please help or give me some advice?February 18 - Hammond0YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.