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gjm1961

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I have been 90 days past due on my mortgage in the past, how does that affect refinancing?
I was told that freddie mac and fannie mae will not refinance my home because it has been less than 7 years since my last being 3 months past due. Is this really true, even if my credit score are good?

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Top Contributor
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You say less than seven years since it occurred. Within one year or six years? Refinancing takes a lot of factors into account.  You state you have a good credit score. What does that mean?  Good in your opinion or a bonafide credit score?  690 to 719 is considered a "good" credit score.  Read articles here and other websites to educate yourself. It wouldn't hurt to speak with a potential lender to get their opinion.

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