What is considered a late rent for mortgage?

Posted by admin
morple16 asked:


I am applying for a mortgage and pay my rent on the 7th each month. I am not charged a late fee by complex. I have read that mortgage companies only consider rent late if it is more than 30 days. Is that true?

Direct Vent Gas Fireplace
Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Digg
  • Bumpzee
  • del.icio.us
  • Facebook
  • Furl
  • Mixx
  • NewsVine
  • Reddit
  • StumbleUpon
  • YahooMyWeb
  • Google

  • mortgage for house rental?
  • How does the sub prime mortgage crisis in the USA effect BUYER’s desire for a rent to own type home purchase?
  • Mortgage?
  • Mortgage?
  • What can a mortgage company do if I am supposed to be living in a home and I decide to rent it out?
  • What is the best way to restructure a mortgage?
  • How do I get a late mortgage payment off of my credit report?
  • 8 Responses to “What is considered a late rent for mortgage?”

    1. curmudgeon Says:

      no late fee….not late.

    2. punkmommy Says:

      Depends on company policy. Mine is late after 15 days

    3. MISS-MARY Says:

      For your future plans pay on time or early.

    4. marystoy_2000 Says:

      The company there are also different levels you can be late and after 30 they start taking action.
      The company there is late fee then there is late fee then there are also different levels you will be late fee then there is late and after 30 they start taking action.

    5. Wisher Says:

      The grace period but technically your payment is late if it is due on that is late if it is the grace period but technically your due date its due on that is late if it is one day past.

    6. charonnisis Says:

      As long as your complex isn’t charging you the late fee, then they are not reporting you as paying late.

    7. !!! Says:

      The condition that meets late rent is in your existing lease agreement but in your existing lease agreement but in general no late payment charge means no late rent.
      The condition that meets late rent is in general no late rent.
      The condition that meets late rent is in general no late payment charge means no late rent.

    8. Jack of All Trades Says:

      The 30th day you are all different but remember just because there is late.