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Regular Contributor
Posts: 165
Registered: ‎04-04-2008
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Question about age on Collecton

So I'm trying to figure out when I can get a mortgage. I was doing soo good them BAM a collection I have no clue about hit my report. I disputd it and am hopeful It will come off. Does the year mark for a mortgage start when it was assigned to collections or Dofd? 

Regular Contributor
Posts: 143
Registered: ‎12-05-2007
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Re: Question about age on Collecton

I was told the day it was assigned. 

Valued Member
Posts: 42
Registered: ‎04-09-2011
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Re: Question about age on Collecton


Target1212 wrote:

So I'm trying to figure out when I can get a mortgage. I was doing soo good them BAM a collection I have no clue about hit my report. I disputd it and am hopeful It will come off. Does the year mark for a mortgage start when it was assigned to collections or Dofd? 


It goes by the most recent delinquency.  So if your most recent delinquency was 12 months old, then you would have a year of good payment history.

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