How far behind am I — and what happens next?
Banks count missed payments differently than homeowners do. See exactly where you stand, what fees have stacked up, and when your servicer can legally start the foreclosure clock.
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Fill out the delinquency grader form on the left to estimate outstanding dues and map legal options.
Frequently Asked Questions
What is the mortgage grace period?
Most mortgages have a 15-day grace period. If your payment is due on the 1st, you have until the 16th to pay without a late fee. If you miss this date, a late fee (typically 4-5% of your P&I payment) is added.
Can a bank foreclose after one missed payment?
No. Under federal regulations enforced by the CFPB, a loan servicer must wait until you are 120 days delinquent before officially referring the home to foreclosure lawyers for active litigation or sale.
What is a breach letter?
A breach letter (or Notice of Intent to Foreclose) is sent after your payment is roughly 45 to 90 days past due. It details the amount needed to reinstate the mortgage and gives you a 30-day window to cure the delinquency before acceleration.
What happens after 120 days of delinquency?
Once you pass the 120-day mark, the servicer can refer your account to legal counsel to start a foreclosure lawsuit (in judicial states) or record a Notice of Default / Trustee Sale (in non-judicial states).