Tag: multiple late payments

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 […]

A subscription is required to access this content—please view our available subscription options. If you are a current subscriber, please log in.

Scroll to Top