Does FHA Require Collections To Be Paid Down? The answer to the concern will depend on the situation. In terms of credit, it’s just like a snowflake. No body is very such as the other. Consequently, sometimes collections must certanly be paid, and quite often collections may alone be left. Therefore, let’s talk about the most typical techniques FHA collection guidelines connect with: Collections totaling $2,000 or less Health collections Collections in re re payment plans Collections being reduced at closing Including collections with debt to earnings ratio FHA Collection Tips Under $2,000 To start with, debts in this category just consist of non-medical collections. Which means that collections for repossessions, bank cards, or any other loans.