Tag: delinquencies

How Many “Multiple Lates” Disqualifies a Borrower?

Question: My client has multiple late payments on their credit card, including 4 that are 30-60-days late, 1 that is 60-90 days late and 2 that are 90+ days late.  Will this disqualify them from a home loan regardless of credit score? Answer: It all depends on the type of credit that has the delinquencies […]

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