Delinquent past or present credit obligations with others

Rejection reason:

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 be no more than 30 days 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 no more than 30 days past due. Please note that the mortgage being no more than 30 days 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 one month delinquent. For example, you may provide an updated mortgage statement or a bank transaction history showing that the relevant mortgage payment has cleared.