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• Forum: Underwriting Help Desk
   Gustan Cho

  Late Payments in The Past 12 Months

  Gustan Cho Posted on July 19, 2023 at 4:11 pm   |  State: WI  | Total Activities:  686

  Lately, we have seen many late payments in the past 12 months from mortgage loan applicants. I just got news from Alex Carlucci that he got clear to close on a manual underwritten FHA loan for a borrower with many late payments due to extenuating circumstances. Due to extenuating circumstances, Alex Carlucci got approved with tons of late payments in the past 12 months via manual underwriting.

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  View Last Reply: Dawn replied 1 year, 6 months ago  |  Participants:   3 Members |   9 Replies