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Updated over 3 years ago, 09/23/2021
In Escrow With 60 Day Late Notice???? Am I Toast?
I bought a new investment property a few months ago, and the lender mailed my mortgage bill to the investment property and not my primary residence. I have numerous properties so I lost track of it for a little bit, and when I found out I paid the entire late amount in full immediately......but they put a 60 day late notice on my credit report (its nice when they send my delinquent letters to my rental property).
Long story short Im currently in the middle of a conventional escrow and this popped up on my score yesterday. I have 8 houses, perfect credit for the past 20 years. Am I out of luck here and have to pull out, or can I explain this to my lender and maybe they can make it work?