It depends on the Landlord and the tenant on a case by case basis. I have had Landlords that were in the most secure jobs known and they lost their job so unless you work for yourself there is no such thing as a guaranteed job right now. However I have some Landlords that want a particular credit score, others look at the situation. They will review the report to see if you were late every single month for 7 years, every other month for 7 years or just recently over the past 2 years or so when something happened. They will then look at the big picture and make a decision. Others will just say yes or no. Case by case basis is the best I can say. If you need any help feel free to contact me. By the way, a short sale or deed in lieu will look better on your credit than a foreclosure. Call or email me to discuss since this is an area I have a lot of training in.
William F. Troy
Pre-foreclosure Specialist Mastery Certification
RDC PRO, SRES, e-PRO, CDPE, Luxury Home Team
Veltri & Associates Realtors
121 Washington St.
Toms River, NJ 08753
Office-(866)483-5874 ext. 422
Lenders are foreclosing now that the moratorium has been lifted.