Delinquent past or present credit obligations with others
What does this mean?
- We are unable to move forward at this time due to your mortgage being more than two months past due. Unfortunately, our current guidelines require that applicants not be two or more months delinquent on their mortgage to remain eligible..
How can I become re-eligible?
- Subject to review, this eligibility may be met once the mortgage is not two months or more past due. Please note that the mortgage being not two months or more past due does not guarantee approval, and your application will still be subject to a full underwriting review.
- Provide documentation that proves the mortgage is no more than two months delinquent. For example, you may provide an updated mortgage statement or a bank transaction history showing that the relevant mortgage payment has cleared.