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Mortgage Application Help
sjtomkinson
Posts: 17 Forumite
I am looking into a mortgage and have looked at the criteria for a certain lender and they state that
“No arrears on any loan/cedit card within the last 3 years where the cumulative amount overdue at any point reaches more than two monthly payments”
I had a credit card where I did not fall behind on payment but did have an Arrangement To Pay for a 3 month period. Would this fall in the bracket of the above criteria or will I be ok?
Many thanks
“No arrears on any loan/cedit card within the last 3 years where the cumulative amount overdue at any point reaches more than two monthly payments”
I had a credit card where I did not fall behind on payment but did have an Arrangement To Pay for a 3 month period. Would this fall in the bracket of the above criteria or will I be ok?
Many thanks
0
Comments
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Did the amount you didn't pay as a result of the arrangement exceed two months full payments?
How much should you have paid and how much did you pay?I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0
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