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is it possable to get fa home loan with late payments shown on credit rating

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1Yes

September 17 2011 - Lincoln
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Answers (4)

Profile picture for ChusYourLender
If there are late payments being reported in your credit history, the question I ask is whether your lates are recent or in the past.  This said, late payments on revolving credit will make you a higher credit risk; it may not completely eliminate you from getting a mortgage.

However if your lates are on a mortgage, then you will encounter some big hurdles!
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0Yes

September 18 2011
Profile picture for Mark Gelbman
grayc1,

Are your late pays on a mortgage, or other types of credit. Also, are they 30 day lates or more than that. You need to be more specific. If you know what your current credit scores are, that would also be helpful in being more specific in answering your question.
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0Yes

September 17 2011
Profile picture for Courtesy Mortgage
The kiss of death is if you have a mortgage delinquency of 60 days or more in the last 12 months.   That will disqualify you from pretty much every program with reasonable terms available.   Any other delinquency will not on its own preclude you from financing.
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1Yes

September 17 2011
Profile picture for daveskow
possible .....
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September 17 2011
 

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