Can I Have Late Payments on my VA Mortgage Loan?


Generally speaking the answer to this question is not in the past 12 months.  Each you have a 30-day 60-day or 90-day late mortgage payment reported to the credit bureaus it must be outside of the last 12 months for you to get a VA home loan.  Late payments on your credit cards, auto loans and other obligations though not ideal, do not carry as much weight in the eyes of the lender as a late payment on your mortgage or your home.



If you are applying for a VA streamline refinance, then it is still possible if you have one 30-day late mortgage payment in the last 12 months, that you could still qualify for the streamline refinance.



Get answers to your other VA loan questions here.

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