Lesson 2: Missing Payments

One late mortgage payment might seem harmless, but it can set off a domino effect—leading to late fees, credit score damage, and even foreclosure risk. In this lesson, we break down exactly what happens when you miss a payment, how quickly financial penalties can pile up, and what it means for your ability to borrow in the future. More importantly, we’ll cover practical strategies to ensure you never miss a payment, including automatic payments, smart budgeting, and proactive communication with your lender. If you’re serious about protecting your home and finances, this is a must-watch lesson.

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