Creative Real Estate Financing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated 10 months ago, 02/21/2024
Financing my purchase
HELP! Short version. I am in process of purchasing an investment property in New Jersey. As I am preparing my documents for closing. I discovered my current mortgage is behind secondary to an increased in December; I am using automatic payments and didn't notice the partial payment notification. I rectified the problem but I now have 3 late mortgage payments. The question is: Is there anyway to recover from this, find financing and move forward with the purchase despite 3 months of late payments on my credit report?