Reply
Contributor
Posts: 75
Registered: ‎07-13-2007
0

mortgage question

I ran into some financial problems last year due to my health and fell behind on my house payment for a few months.  I need to refi my house at the of this year. I was just wondering how far back do they look at your credit history. I heard it was the past 12 months. I that true because mine where in Last sept , Oct, Nov that show late then I should be ok
thanks
Moderator Emeritus
Posts: 16,374
Registered: ‎03-12-2007
0

Re: mortgage question

Hi! The thread below is a great starting point.
 
 
Credit Profile -
FICO 08 Scores (03-26-2015): EQ 814, EX 817, TU 822
All three scores were 850. Lost points for not having an open installment TL. So, BE WARNED!!!!!
Credit History: 26 years ~ AAoA: 13 years ~ Util: 1% ~ Inqs: EX 1, EQ 1

Credit Cards: Amex BCP ~ Amex Clear ~ Amex Platinum ~ Barclay Ring Mastercard ~ Chase Freedom Visa ~ CITI Dividend Platinum World Mastercard ~ FIA Fidelity Investment Platinum Visa ~ First Hawaiian Bank Gold Visa
Regular Contributor
Posts: 197
Registered: ‎06-08-2007
0

Re: mortgage question

Wolf... the most common time frame is the past 12 months, but that's just what's "common"... not always what's done. Tell ya what: try to work with your current lender and see if they consider removing some or all of those lates. Countrywide Home Loans has done it for many customers (me and others) and I would imagine other lenders would consider it, too.

If your lender is interested in keeping you and refinancing you, chances are they'll be fairly flexible. Go for it and see what happens!
Established Contributor
Posts: 858
Registered: ‎06-26-2007
0

Re: mortgage question

C-Hawk,
 
How long did it take for your lates to be removed by your lender and did that really impact your fico scores?
 
 
Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.