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n ♦ { Judgment liens for medical expenses may be acceptable if a repayment plan is established and • payments have been made for at least the previous 12 months . Regardless of an applicant ' s credit history for the previous 12 months , an applicant ' s credit will NOT be considered satisfactory if the applicant ' s credit history shows : - Any charge offs that were not subsequently paid or discharged in a bankruptcy Active judgments against the applicant - Repossessions with a remaining balance payable by the applicant Bankruptcies that have not been fully discharged for two years with no new negative credit history 2 . Credit Requirement for Rehabilitation and Impact Fee Loans Applicants for rehabilitation and impact fee loans will be deemed to have satisfactory credit if the applicable credit report shows that there is no active charge off or judgement against the applicant . • For rehabilitation loans or grants to very low and low income households in the Gifford Front Porch Community or to low or very low income households using SHIP funds as match for CDBG funds , Residential Construction Mitigation Program ( RCMP ) funds , or other state and federal rehabilitation funding , no credit requirements shall apply . 3 . Credit Requirements for Rehabilitation and Impact Fee Grants No credit requirements shall apply to rehabilitation or impact fee / capacity charge grants . f . Homebuyer Status Eligible persons utilizing assistance from the IRCLHAProgram to purchase a new or existing housing unit shall not have owned or held title to a housing unit anytime within the three ( 3 ) year period prior to receiving any application approval for participation in the IRCLHAProgram . g . Home Inspection For applicants applying for both SHIP funds and a 55