I have had a couple of mortgage lates in the last 12 months. How would it impact my rates for a refinance? or will it?

It all depends whether you were late 30 days or more. If you had paid your mortgage within the month, but after the 15th, then it is not reported on your credit. If you were more than 30 days late, then it does decrease your credit score. However, FHA allows credit scores as low as 620.If you need more info, call me at 619 280-8484 #112.