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I paid 2 payments at the beginning of my mortgage to always be a month in advance, BUT...

...they reported a late payment on my credit. Is that legal if I’m really ahead on payments? by RanjanPeet545 from Aurora, Colorado. Feb 16th 2017 Reply


William J Acres (William_Acres)
#2 ranked lender in Arizona - 7,933 contributions

Yes.. if they are reporting incorrectly, then it is (in a civil suit, but not criminal)... However, if you contact your mortgage servicer and talk to them, you can probably get it cleared up.. It's possible that one of your payments got applied as an additional principal payment rather than an advanced payment.. but communicate with them.. they should be able to clear it up. . I'm a preferred Lender with Arizona and California being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / RPM Mortgage NMLS 1541014 / AZMB0121893

Feb 16th 2017
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