by 
The Curious Bag
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A single missed mortgage payment will show up on your credit score, but the real damage is done if missed payments lead to foreclosure--which is to be avoided at all costs.
Missed Mortgage Payment
A single missed mortgage payment will reduce your credit score since a person's payment history constitutes 30 percent of their overall credit score.
Foreclosure
Foreclosure can take place whenever you have missed three consecutive mortgage payments. At this time you may have to bring the payment up-to-date to prevent foreclosure.
Foreclosure and Credit Scores
A foreclose can adversely affect your credit score in a big way. A foreclosure will make it harder to refinance future homes, acquire future loans and may affect your ability to acquire a job. One missed payment will lower your score minimally.
Prevention
It is a good idea to keep an open line of communication with your lender whenever making payments on time becomes an issue.
How Long Will it Stay on your Credit Report?
The adverse affects of a missed mortgage payment usually gets removed after seven years, but can stay on your credit report for up to 10 years.
Source:
Resource:
Annual Credit Report
Debt Consolidation Care
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