90 day late a killer?

[Anonymous]

Will having a 90 day late within a year kill your chances? How about 13 months? Does it matter as long as its there?

DTI 12%

TU 613  EQ 630 EX ??

Income 72k

Home price 169k

Down Payment 7k

401k    11K

[Anonymous]

It may not be a killer, depends on the rest of your file. High credit scores, large down payment, etc can sometimes outweigh a small issue.

[Anonymous]

Well from what you can see, my scores aren't that great. The 7k is what I have for a down. It is more than 3.5%. I have 4 credit cards, and have about 25% utilization. No BK just ran in to a little trouble a few months back. No car payment....

[WannaHouse]

 One ding can sometimes be overlooked. Keep paying on your cards, be VERY careful to keep all payments on time, and you just might be fine.

[Anonymous]

I think if it's just one 90-day late, it can be overlooked.  Especially if it was over a year ago and you've had no other issues over the past 24 months.  It also helps to have more for down payment