<p>Good morning to everybody,</p>
<p>I wonder if anybody has any insight to the following situation:</p>
<ul>
<li><p>One parent's credit history is clearly in a bad shape, but other parent's history is perfectly fine as reflected by credit reports and scores (both parents are married and filing taxes jointly, but all troubled accounts were NOT joint ownership and in only one parent name)
Will the child be able to secure the loan using just the endorsement of a parent with good history, or the other parent's problems will anyhow pop-up?</p></li>
<li><p>Also, I know the rules were tightened on the Plus loans by taking into consideration any serious problems in the last 5 years. Do they consider past or present delinquencies? In this particular situation, there were no charge offs, no bankruptcies, no foreclosures, but there were very serious persistent late payments on mortgage (120-180 days) which are now completely cured.
Will Parent Plus be denied for any delinquencies WITHIN last 5 years or only if one have them currently while applying for the loan?</p></li>
</ul>
<p>Sorry for the lengthy questions, but any input (maybe even from personal experience) will be much appreciated.
Thank you a lot in advance</p>