If I lose my job, would that be considered extenuating circumstances for a conventional mortgage foreclosure?

Nope.. unfortunately loss of job, divorce, etc.. are not considered extenuating circumstances.. Death, major illness or injury, etc.. would be.. .. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

No unfortunately not. It needs to be something major like a death in the family or an injury that kept you from working for some period of time.

No, sorry

unfortunately no.

No.

no sorry.

No that would not, in Maine it is typical for a foreclosure to take 6-12 months, during that time you can find a job and file a BK13, bk7 or do a workout plan with your current lender.

if this was a relocation by your employer and the job was eliminated, you have a case.

No

If you want to save your home from foreclosure - need to show there is a minimum amount of income in the household to support your mortgage. First - who is your lender? Next, is your loan a conventional or FHA loan? Is your investor Fannie, Freddy, and a private investor? There are special programs available depending who owns your loan. Applying for a loan modification is different compared to qualifying for a mortgage. Loan mod's are based on loan/income ratios, not like your credit score, LTV/DTI ratios used for mortgages. Maine is a judicial state - it can take over a year to foreclose on a property. I am in New York, we are registered in 48 states, call me to discuss your situation - Gary @ 631-766-4047

If you do not pay your mortgage, you will be foreclosed. A mortgage is a contract to pay

No... Loss of job is NOT considered an extenuating circumstance.