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NMLS does allow for a renewal to be requested during a "Reinstatement Period" which begins January 1st and continues through the end Late fees are not assessed for filings submitted during the NMLS reinstatement period.
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Of course, there are some key differences between military and civilian loans, and for the most part it is easier to get military loan approval despite bad credit ratings.
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There is actually a few aspects that distinguish military loans for those with bad credit from similar loans to civilians.
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The type of loan product you choose will depend on what you can afford monthly in principal, interest, property taxes, insurance and other costs.
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