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Delinquent

  • Listed: August 13, 2022 1:23 pm
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Description

Delinquent

Delinquent is another term for being late on your payments. Your loan can become delinquent when you miss a payment or don’t make a full payment by the due date. After you are delinquent for a certain period of time, a lender or servicer may begin the foreclosure process. The amount of time can vary by state.

Federal rules may also apply to when the foreclosure may start. Learn more about your options if you can’t pay your mortgage.

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Listing ID: 97862f7a4c534cfb

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