What Happens When You Miss a Mortgage Payment | #CityFirstMortgage

October 23, 2024
Sofya Howard
Mortgage News

Missed payments trigger a 15-day grace period, avoiding penalties if paid on time.
Multiple missed payments lead to late fees, credit score drops, and potential foreclosure.

Sofya Howard

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City 1st Mortgage Services, LLC. (www.nmlsconsumeraccess.org) is an equal opportunity lender. Branch NMLS ID #1848823, 27413 Tourney Road Suite 160 Valencia, CA 91355 (888) 774-3856, is an FHA-approved lender, a California financial lending institution licensed by the California Department of Financial Protection & Innovation under the California Residential Mortgage Lending Act and is not the FHA, which is a government agency, nor working on behalf of the FHA.

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Sofya Howard

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