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 foreign customers get a mortgage loan in the USA for many years and we love what we do.
829 N 29th Street
Philadelphia, PA 19130
Phone: (267) 297-3317