Not necessarily, if you've been late with your payments less than 3-times in the past year, and the payments were no more than 30-days late, you still have a good change at getting a competitive interest rate. Most lenders will accept certain reasons for this like an illness, or job-change, but explanations are required.
We've been helping customers afford the home of their dreams for many years and we love what we do.
Company NMLS: 328527
CalBRE Company Lic: 01131611
Pacific First Financial Real Estate Loans, Inc. is not acting on behalf of or at the direction of HUD/FHA or the Federal Government.
23670 Hawthorne Boulevard Suite 210
Torrance, California 90505
Phone: (310) 214-9299