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Technically you are late if you make your payment anytime after the due date. The vast majority of mortgages are due on the 1st of the month.

Most mortgage companies will not assess a late fee unless you are 15 or more days late. At that point the normal late fee will be 5% of your regular mortgage payment.

The lender will not report the late payment to a credit bureau until you are 30 days late.

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Q: When is your mortage late?
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