Posts Tagged ‘Loan Officer’

We have been preapproved for a home loan but were late on a credit card payment.is this bad?

Wednesday, May 28th, 2008
home mortgage loan credit
theflynnmom asked:


My husband and I are preapproved for a home loan scheduled to close in about 45 days. We are currently late on a credit card payment because we put down “earnest” money for our new home. We are going to make a payment to get current on all of our credit cards this week. Our loan officer said she will wait until we are current before submitting our final info to the mortgage lender. Are we likely to be denied the loan as a result of late credit card payments so close to closing?

Brent