How long does it take for pass dues and lates to come off your mortgage rating?

12 months and it wont count against u.....but will stay on there or 7 years

How long does it take for pass dues and lates to come off your mortgage rating?

Derogitory ratings remain on your credit report for approximately 7 years but, for mortgage lending purposes, other than the negative effect on your credit score these types of delinquencies lessen in importance in 24 months.

How long does it take for pass dues and lates to come off your mortgage rating?

Most mortgage lenders only look at the last 12 months history of mortgage payments (includes 1st mortgage and equity 2nd mortgage). If you have a foreclosure you usually have to wait 3 years after the discharge date to obtain a loan. You want to try your best to keep the mortgage payments current as any payments over 30 days late severely affect your credit score. All my sub prime mortgage loans have pricing based on mortgage history and credit score.

The negative credit does stay on your credit report for 7 years.