Wait or Try?

[TeachMe2014]

Hello,

I am pre-approved through Cornerstone Home Loans. I put an offer in yesterday. I am waiting to hear back. I just realized that I paid my rent late about 9 months ago. Not 30 days late, but past the grace period. Should I back out before I lose my earnest money! 

[StartingOver10]

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@TeachMe2014 wrote:

Hello,

I am pre-approved through Cornerstone Home Loans. I put an offer in yesterday. I am waiting to hear back. I just realized that I paid my rent late about 9 months ago. Not 30 days late, but past the grace period. Should I back out before I lose my earnest money! 

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How late?

[TeachMe2014]

It was due by the 3rd. I paid on the 7th.

[TeachMe2014]

I did a bit more research.  Some people sat "late" is beyond the grace period, while others say over 30 days late. is this lender defined or state defined? 

[StartingOver10]

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@TeachMe2014 wrote:

I did a bit more research.  Some people sat "late" is beyond the grace period, while others say over 30 days late. is this lender defined or state defined? 

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Lender.

You should be fine though.

[TeachMe2014]

Thank you. I appreciate the reassurance. I take full responsibility for my actions, I would just be disappointed if I caused my loan to be denied.

[StartingOver10]

At most the lender would ask for a LOE (letter of explanation).