Where are your scores from?
Unfortunately the 60-day late will keep a ceiling on your score for several more years, unless you can get it removed. Score will inch up over time, and others may have more specific info about that.
I would check into the specifics of the mortgage program, find out which score model is used, and see where you stand right now. If already able to qualify, no issues. If not, more incentive to try to get that late cleared.
@Ddub wrote:Been around 700 for probably 3 years now. AAoA is 4 yrs 11 months. I only have student loans and credit cards.
Util = 2%. I have a late (60 day) in 3-4/2018 when I dropped the payment checks in a mailbox that wasn't checked any more apparently. Guessing this is the thing keeping my score low. Have tried couple times to get that cleared but the credit union won't budge.
Wasn't planning on it but might have the opportunity/want to buy a house later in 2020 with a grant program I unexpectedly got approved for.
Trying to plan ahead (have 6 months minimum before anything would happen, most likely few more than that)
1. Since you're interested in a mortgage, you should get your 3B reports from this site so you'll know where you stand in terms of your mortgage scores.
2. You should keep sending verification letters to the credit bureaus about the 60-day late.
3. Don't apply for any new credit.
4. Have as many of your revolving accounts as possible report a zero balance. Best to let just one report a balance.
@Ddub wrote:Been around 700 for probably 3 years now. AAoA is 4 yrs 11 months. I only have student loans and credit cards.
Util = 2%. I have a late (60 day) in 3-4/2018 when I dropped the payment checks in a mailbox that wasn't checked any more apparently. Guessing this is the thing keeping my score low. Have tried couple times to get that cleared but the credit union won't budge.
Wasn't planning on it but might have the opportunity/want to buy a house later in 2020 with a grant program I unexpectedly got approved for.
Trying to plan ahead (have 6 months minimum before anything would happen, most likely few more than that)
If this was a USPS mailbox. I'd go the the Postmaster of that zipcode and get a letter from them saying the box was no longer in service for pick ups in that zip code and wasnt sealed to recieve anymore mail. Then you will have proof from the USPS. That should take care of that. It was USPS" fault, not yours.
A single 60D late from 18ish months ago would not peg you at 700.
It also would have moved your score in that three year period, unless something else wasn’t right TBH.
You should get a handful of points when you go over AAOA of 5 years but for comparison my TU which is super clean except for a 60D nearly identical to yours in 4/2018 and about 5.5 years AAOA is at 760+ on every FICO score used in today’s market.
Salient questions definitely are where are you seeing this score and what else is there? I’d be curious to do a more in depth comparison TBH.
It also would have moved your score in that three year period, unless something else wasn’t right TBH.
You should get a handful of points when you go over AAOA of 5 years but for comparison my TU which is super clean except for a 60D nearly identical to yours in 4/2018 and about 5.5 years AAOA is at 760+ on every FICO score used in today’s market.
Salient questions definitely are where are you seeing this score and what else is there? I’d be curious to do a more in depth comparison TBH.
I am living proof that a 60-day late carries at least some sting every single day of seven years. 
When my wife and I went through a forecloser in 2011, we also had a second mortgage that went to 60-days. I did everything under the sun to get that 60-day removed, but Citi Mortgage pretty much jest gave me the finger. As soon as the 60-day finally fell off at seven year mark, boom -my scores went to 850 (the foreclosure fell off a couple of months prior). I get that a 60-day late is pretty serious, but it sure seems like a seven year spanking is a pretty stiff penalty...
@Anonymous wrote:My FICO 8 and 9 cleared 720 with a less than 3 yo BK. Honestly you should still be good for a very good rate with " around 700" and probably close to the best rate if you wait until that late hits 2 years especially if you plan on using a credit union.
720 eith 3 yo BK + lates from before filing, or just the Bk? Trying to better understand where the ceiling is with lates + the bk.
In response to the OP, I'm EQ 718/EX 708/TU 680 with a 14 month old BK and 12-13 lare accounts depending on CR, so it feels like there must be something else at play, but I am just speculating. I am an AU on a 20 yr old card of my husband's, but I only got added about 6 mos ago.
