Mortgage/Trade line Update

All Mortgage trade lines must be up-to-date with the current month. When a credit supplement cannot be provided to update payment history, the following may be provided as an alternative (documentation must be from DLA on the credit report to current):

  • Consecutive creditor statements showing previous balance paid, no past due balance
  • Cancelled checks (written and cancelled in month due)
  • Online payment history for borrower’s bank or creditor