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Lates

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hoping2rebuild
Established Contributor

Lates

As I am understanding, FHA requires no lates for 12 months
 
How do other lenders look at lates?
 
I only have one in 6 months and was wondering if
 
another lender would look over the late?

Starting Score: 377EQ/350EX/400TU As of 11/2011
Current Score: 620EQ/614EX/612TU As of 01/2013
Goal Score: 700+ across the boards
Message 1 of 2
1 REPLY 1
DallasLoanGuy
Super Contributor

Re: Lates

no lates for 12 months on a manual underwrite.
with an otherwise decent ile, you can still get approved thru automated underwriting.
you have to apply and see what happens,
Retired Lender
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