Can I Qualify and Get Approved for a Mortgage with Late Payments During and After Bankruptcy? I know mortgage lenders want mortgage loan applicants with timely payments during and after bankruptcy. Any late payments during and after Chapter 13 Bankruptcy is the kiss of death and all mortgage lenders consider applicants who had a late payments during and after a Chapter 13 Bankruptcy a second offender and WILL NOT approve a home loan to the applicant. This applies the same with Chapter 7 Bankruptcy. From the filing date of the Chapter 7 Bankruptcy past the discharge, mortgage lenders consider any borrower who had a late payment a second offender and WILL NOT approve the borrower for a mortgage loan. Now, I heard the above text is a generalization of how lenders view for mortgage loan applicants with late payments during and after bankruptcy. However, it does not mean the mortgage loan applicant CANNOT GET A MORTGAGE LOAN APPROVAL., per Gustan Cho Associates. Can you please cover how to get a mortgage loan approval with late payments during and after bankruptcy? Here is a blog about getting a mortgage with late payments during and after bankruptcy.

https://gustancho.com/fha-guidelines-on-late-payments-after-bankruptcy/

gustancho.com

FHA Guidelines on Late Payments After Bankruptcy

FHA Guidelines on Late Payments After Bankruptcy does not disqualify borrowers. Late payments after bankruptcy is not allowed by most lenders